5 Answers

Ivan Ng
Replied
Hi,

Firstly, since your MOP is not met, you can't purchase a 2nd residential property (condo). Understand that you are looking to sell away your HDB, with current sentiment, it is more prudent to secure a buyer offer first before you purchase your next property. Depending on your hdb location, you can start marketing the property 2-3 months from your MOP date as it will take on average that duration to secure a reasonable offer. Concurrently you can start to look for your next property to narrow to properties near your requirements.

On the avoiding ABSD aspect, you need not worry as long as you manage your timelines of both your sale and purchase carefully. Please allow me to assist with your housing plans to ensure your transition is smooth and on track. Thanks and hope to have the opportunity to work with you.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
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D. Kumar
Replied
Hi there,

You are not able to purchase your private property firstly without completing your MOP of 5 years.

Do contact me for a further discussion on your housing plans for me to share my insights!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

Look forward to hearing from you!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

ERA Top Achievers 2013/14
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2014 ERA Asia-Pacific Business Conference Elite Award

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Mike Lim
Replied
Afternoon,

You can only ink the OTP upon fulfilling the 5 years MOP. If you have not sold your HDB unit, you will be required to pay the ABSD first and request for refund once you have gotten the OTP for the sales of your HDB unit.

Do contact me further for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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Aaron Chong
Replied
Hi Inn, the requirement for you to sell is that you have to hit the MOP first. But you could engaged an agent to market your unit first even before reaching the MOP. And in the present weak market sentiment, it is better to sell first and then followed by viewing and purchasing of your next condo unit. And at the same time, you will not be incurring any ABSD too. Pls feel free to let ,e know if you need any assistance.

Regards
Aaron
 97308455 
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Rix Jim
Replied
Hi Mrs Lim, In your situation, My suggestion would be for you to start shortlisting for our next property. And also to do a more detailed financial plan in order to determine your budget and next step. Depending on the location and your HDB. It might be better to hold on to your HDB and get another property. If your situation permits. there are ways to hold on to the HDB and also get your second property without incurring any ABSD. Do drop me an email or call for a more detailed discussion.
Cheers
Rix Jim
 9687 1379 
rix.jim@hotmail.com
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