2 Answers

YT Tan (陈永达)
Good morning Sir/ Mdm,

minimum occupation period for HDB ownership is 5 years. You would have to fulfill it first before you are eligible to purchase private property be it in Singapore or overseas.

Hope my sharing aids in clearing your doubts.

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Dear Sir/Mdm,

The Minimum Occupation Period for purchasing your HDB is 5 years. So during this 5 years you cannot own any residential properties locally or overseas. So if the property that you want to purchase in JB is a residential property then I have to inform you that it is not allowed.

But this rule does not apply to commercial and industrial properties. So if you are looking at investments, then maybe I may have something to recommend to you. Personally I just bought an investment property overseas and it is a retail shop. I just made the purchase 1.5 weeks ago. If you are interested in making an overseas investment, maybe you can contact me and I can share more about my own purchase with you.

Looking forward to hear from you soon! Cheers!

Best Regards,

Jeffrey Heng
Senior Associate District Director (Sincerus Division)
NAVIS Living Group - A group in OrangeTee that believes in Technology, Training & Teamwork (3Ts)

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