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My wife and I are Singaporean citizens and owners of a 3 year old DBSS unit. We are looking to purchase a private condo unit to be near parents. Can we buy a unit at a new condo project with takes approx 2 years to TOP?. By then the MOP will be fulfilled.
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Hi, nope... a DBSS owner cannot buy a private residential property before 5 years Minimum Occupancy Period is fulfilled..... Loan-to-Value maximum is 60%... you will be subjected to 7% Additional Buyers Stamp Duty... so please do your finances first before you commit in 2016... You can send me your DBSS unit info to gcwc@outlook.com for tracking... Gary 81883186  Read More
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