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Hi Sir,

I regret to inform you that you will have to fulfill the 5-year MOP before being able to purchase a second residential property.

If you wish to "buy over" her shares in the property, you will have to wait till you have fulfilled the MOP as well.

You can however look at non-residential properties, as these are not bounded by the MOP rule.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi There,
Thank you for your query!

Im afraid that you will have to fulfill the 5-year MOP before you can purchase a second residential property.

If you're looking at your 2nd purchase from an investment perspective , you could consider commercial properties instead. No MOP rules nor ABSD applies.

To be able to guide you , I would require more details on your end , to understand your investment objectives ( capital appreciation and rental yield in mind) as well as churn out a financial report after some calculations. Based on this, I would narrow down what exactly you could focus.At the end of the day your objective is to make money and we are here to advise. Furthermore , I have a complete reel of data that is able to show complete price transaction caveats of each and every development in Singapore as well as projected returns and capital appreciation and this has helped many of my clients in managing and growing their portfolio .

Let's discuss further so that I can propose not just projects but also exact unit layouts which will be highly sought after by investors and tenants likewise. That will be a triumphant to your investment. Furthermore, I will take the opportunity to chart out the sales report & projected returns, offering market insights for your consideration.

Visit my website for my recent accolades and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2016 Read More

Good evening,

As you had purchased EC from HDB, you will need to fulfill 5 years MOP before you are eligible to purchase your second property.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for someone who have knowledge and experience on sales and purchase of residential properties?
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