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Dear Sir/Mdm,

You will need to pay seller's stamp duty if you sell within the first 3 years.

Please feel free to contact me if you need further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

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“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi,

There is no requirement for you to hold the resale EC for any period, as it is considered a private property once the first owners have met their 5-year MOP.

However, do take note that should you choose to dispose off the property within 3 years, you will be liable for Seller Stamp Duty of up to 12%.

May I know why if there is any specific reasons that you would like to buy over your friend's unit?

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your property purchase. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Dear sir/madam,

You do not have any Minimum Occupation Period to meet in such a purchase, however, I am curious why are you looking into purchasing the unit from your friend?

Have you already looked into the numbers and compare against the relevant market information to derive the future potential of this property?

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 8,500 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at 81577565 .

I look very much to hear from you soon.

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

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Regards,

Geryl LIM
Consultant - Director
Century 21
CEA Reg R014783H
www.geryllim.com
Mobile: +65-81577565 /+65-92787772
Email: geryl7772@gmail.com

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Good afternoon,

you wont have to fulfill MOP again as per a resale hdb if you opt to buy your friend's resale EC.

And even having say that, do take note that seller's stamp duty will be payable if you sell within 3 years from exercise date.

Hope my explanation helps!

May I know how can I value add further in your property needs?

"Your Freehold Ally, Leasehold Tactician"

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YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

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