AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I currently own a private property and a 4Rm HDB flat (4 more years to achieving MOP), but would like to buy another private property. I do not have problem with forking out 40% down-payment. I am wondering whether there're any restriction policy wise? I am prepared to hold this unit the minimum of 4 years to avoid seller stamp duties. Thanks
0 •
392 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Dalen Chee
Replied
Hi EW,

you mentioned that you have a hdb flat which has 4 more years to MOP, as such, you are unable to buy another private property. The only other option for you would be to buy commercial property. Commercial property is also a good option to consider as the downpayment is 30%. But do note that cpf is not allowed in commercial purchase.

If you are keen to explore this option, I have many affordable options for you, starting from a low quantum of $300k upwards. Thank you and have a great week ahead!

Best Regards
Dalen Chee
email : dalen550@gmail.com
mobile : 9695 2550 
my web : www.96952550.com Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions