I live in HDB and already fulfilled my MOP. Can I now buy and live in a condo and rent out my current HDB flat? Thank you.
Yes definitely you can purchase condo and rent out HDB unit since you met your MOP. May I understand your requirements further and value-add to your housing plans? Thanks.
www.ivanng10.com Read More
firstname.lastname@example.org Read More
You can do so if your household has at least 1 singaporean. Do take note you will be subject to 7% absd on top of estimated 3% bsd. And if you have utilised cpf in your current hdb, you have to set aside a minimum sum of $77.5k in your CPF OA + SA before you can use the excess in this condo purchase.
If you are a SPR household, you have to dispose off your hdb within 6 months from purchase completion.
Hope my explanations help!
If you need any assistance in your property needs, feel free to contact me.
Yt.email@example.com Read More
I am reachable at my mobile or email.
firstname.lastname@example.org Read More