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Good afternoon! Residency status and MOP play a larger role in it. Only household with at least one SC are allowed to hold on to and rent out their HDB after MOP and purchase a private property. If its a SPR household, they must sell off their HDB within 6 months after keys collection of private property purchase. As for fully paid or outstanding loan, it will only affect the ability to obtain the loan amount. Hope my explanation helps. If you need any assistance in your property needs, feel free to contact me. Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

Afternoon, Having fulfilled the MOP and the owner comprises of an SC are the major reasons. If you are PR, you are required to sell away your HDB unit within 6 months from key collection of your condo. If you have not fulfilled MOP, you are not eligible to purchase any private residential property. FYI Mike Lim 96929209  m52i@yahoo.com ERA Read More

Good evening, thanks for the reply. Like I have mentioned, in order to hold on to two properties (current HDB and potential condo purchase), one of the household (your husband and you) must either be a Singapore citizen (SC) and you must have fulfilled the applicable minimum occupation period (MOP) of your flat before you can purchase a private property. So is one of you a SC? Have you fulfill your MOP? YT Tan ECG Property 9111 5171  yt.lovelyhomes@gmail.com Read More