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Asked by Tan 4 May 2010

Is it true that if you buy a new EC and am serving the 5 year occupation period, you cannot buy a 2nd residential property for investment?

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Jenna Tong · Answer 1 · 2010-05-05T10:54:08+08:00

Jenna Tong

Replied 5 May 2010

Hi Tan,

Yes, you are not allowed to invest in private residential property during the 5 yr minimum occupation period.

http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatEC?OpenDocument

Hope this helps.

Best Regards,
Jenna Tong ERA
jenna.tong@yahoo.com.sg
8298 3379 Read More

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