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MOP of 5 years from effective date of resale, , any possibility we could nego on this MOP ?I only occupied for 2,5 yrs and got HDB approval to rent out.considered to sale now, but found out abt this Min occupation period rule! anyone with same experience with me? pls help,
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3 Answers

Hi Minnie,

Did you take up a HDB loan or bank loan for your purchase? In addition, did you receive any housing grant? You may wish to check with HDB on the MOP requirements for your unit as previously there are different requirements.

See the link below to find out more.

http://www.hdb.gov.sg/fi10/fi10322p.nsf/w/SellFlatMinimumOccupationPerid?OpenDocument

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Evening Minnie,

You have stayed in your current unit for 2.5 years. Did you purchase this unit from resale market? Did you use a HDB loan or Bank Loan? Did you utilize the HDB grant?

This few factors can affect your MOP period. If you purchase the unit from resale market, without grant, with Bank loan, your MOP is only 1 year.

Do feel free to contact me for further assistance.

Regards
Mike Lim
 96929209 
ERA Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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