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Hi FT,

Frankly speaking HDB flats are not meant to be investment. The owners have to physically occupy the unit for 5 years before you can sell it off or rent it out.

Jalan Membina is a very strategic location.

It's near Tiong Bahru Train station, Tiong Bahru Plaza, eateries, within mins from town etc.

If you decide to rent it out after fulfilling the MOP, I will say this unit will attract lots of tenants.

I will love to assist you with your property purchase. Do contact me if you need any assistance/ clarification.

Looking forward to hear from you soon!

Warmest Regards,
YT Tan
ECG Property
M: (+65) 9111 5171 
E: yt.lovelyhomes@gmail.com Read More

Hi, you can sell or rent your HDB flat after fulfilling the 5 year Minimum Occupation Period. In the meantime, after possession, you can sublet rooms in your flat while you and your wife are still occupying the flat.

It would be my pleasure to assist with the purchase of your flat re: location, price etc. Pls contact me and we can discuss in depth.

Cheers,
Wee-Ling
SLP Realty
 9851-5470 
weeling.chew@gmail.com Read More

Afternoon FT,

Resale HDB unit can be sold or rented out fully after you have fulfill the MOP requirements. Depending on your perference and market conditions 5 years later, you can make the necessary decision later.

As for location aspect, Jalan Membina is good as it's centralise and packed with amenities like MRT, malls, eateries, schools, etc. $900k is also a healthy budget but we also need to consider the following:

20% downpayment (Bank Loan): $180k, assuming you have zero CPF
Stamp and Legal Fee: $23,400
Salesperson commission: TBA

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More

Hi FT,

There are regulations for potential buyers to observe for the purchase of HDB units, for example, purchasers should not be holding on to any residential property in part or in full within Singapore or overseas. If not, these properties must be disposed or sold within 6 months of key collection. This is on top of what my fellow professionals have mentioned in observing the MOP.

With such a healthy budget, why are you not considering purchasing a private property which maybe lying further outskirts, but you do not need to worry about the regularions?

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

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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Regards

Koh Z H
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Cea Reg - License Number - R 0 5 7 8 1 0 C
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