1 Answer

YT Tan (陈永达)
Good afternoon! Unlike new EC or BTO/ resale HDBs, private condo doesn't have to observe the MOP of 5 years. While private condos owners can sub sell their unit after they bought it, it's high advisable to observe the seller's stamp duty portion if not, you might even suffer a loss on the property. Maybe you can share more information about your purchase thus I can further advise you whether can you break-even or earn a profit. And Yes, you can purchase another private condo after you sell off this current unit. (minimize the chances of being subject to additional buyer's stamp duty) Hope it helps! 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