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)
Founder of Sincerus Division
SAEA Real Estate Excellence Silver Award - Best Client Service (2014)
SAEA Real Estate Excellence Award Nominee - Best Client Service (2012/2013)
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