AskGuru Q&A Community

Afternoon Mrs Goh, You can only place your spouse as essential occupier if he is non citizen or SPR. Both of you have to be owner of the unit. Hence MOP requirement need to be fulfilled before either of you are eligible to purchase your second property. Since the HDB unit will be your matrimonial unit and you are SC, you are not required to sell it away upon purchase of second property. FYI Mike Lim 96929209  m52i@yahoo.com ERA Read More

Hi Laura, As what Mike has mentioned, it is a gap which HDB has addressed therefore it is not permissible to do so, nevertheless, as a Singapore citizen household, you are able to keep your HDB should you decide to purchase a private residential property after meeting your MOP. My doubt here is, I am sure that you are able to afford a private housing right now given the plans you have indicated, so why are you looking to take the long path before purchasing a private condo? Prices of condos now are considered low that you can consider to purchase one before any turn of events in terms of regulatory changes to make it even more difficult to own a private condo in future, and prospects of appreciation of property is higher than HDB in a recovering or recovered market, therefore I am curious to know more about your housing plans in order for me to probably advise you better on the management of your real estate portfolio. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com M.O.R.E Landed Dynamic Alliance Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Our next exhibition is on 2nd and 3rd August 2014. If you have missed out successful exhibition on 10th and 11th May, do not miss this opportunity again. Register your interest to attend this showcase event now! Read More