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HDB Questions

Asked by Poor man 17 May 2013

I placed a 5% downpayment for my BTO which is supposed to arrive in 3 years time, in the meanwhile am I able to purchase a condo? Will it affect the purchase or loan approval for my BTO?

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Truddy Tan · Answer 1 · 2013-05-17T14:30:58+08:00

Truddy Tan

Replied 17 May 2013

No, you can't buy a condo yet since you just bought a BTO and you need to fulfill your minimum occupancy period at your HDB for 5 years once it's completed. After that, you can buy a condo. Read More

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Poor man

Replied 17 May 2013

That is to say even if I am not planning to sell my HDB, I cannot purchase a private property till the MOP is up?

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