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Our current flat is more than 3yrs now. We just refinanced our mortgage loan last month. Now we have an intension to sell the flat and buy one. It that possible?

Do we have to wait a certain period before proceeding to sell our flat?
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4 Answers

YT Tan (陈永达)
Good morning Vasu,

In order to be eligible to sell off your HDB, you must first fulfil the applicable minimum occupation period of 5 years.

So may I know when's your exact purchase date?

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

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(W): www.propertyavenue.com.sg Read More
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Hi,

There will be a 5-year MOP you have to meet before you can sell your flat, ie you must have physically occupy the flat for 5 years from key collection. Thanks and hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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Morning,

For HDB flat, MOP of 5 years are mandatory. Furthermore, as you have just done the refinancing, you will be required to pay for the admin fee and penalty charges.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi Mr Vasu,

You will have to fulfill your MOP of 5 years.
If there is any more clarification or concerns, do feel free to contact me. Maybe we could work out some financial calculations projection prior to ascertain if the selling of your house will be profitable and wise?

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

About Me-
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
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