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Evening James,

As you have purchased your current unit before 31 Aug 2010, your MOP is 1 year.
But for the upcoming purchase, you will only be eligible for 60% loan.
Do feel free to call me if you need my assistance.

Mike Lim
 96929209 
ERA Read More

Dear James,

You would like to work with someone who looked after your interest and advice you accordingly

Resale Flat bought in the open market (without CPF Housing Grant Scheme)
The minimum occupation period you need to meet depends on when HDB receive your resale application:

1) Before 5 March 2010 (includes owners owning their resale flat as at this date

2½ years from effective date of resale if the owner takes a loan from HDB
1 year from the effective date of resale if:
i. the owner has not taken a loan from HDB; or ii. he has taken a loan from the bank/financial institution to finance the purchase

2)5 March 2010 - 29 August 2010

3 years from effective date of resale, regardless of the type of loan taken by the owners or loan status

3) On or after 30 August 2010
5 years from effective date of resale, regardless of the type of loan taken by the owners or loan status

If you and I are able to discuss further, please let me know.

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
CEA Salesperson reg. no: R026370F Read More

I conduct on line HDB financial calculation and training on selling and buying process for my associates. Call us at 9680 4288  for an opinion www.catherinepang.com Read More