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Will I still be able to keep my unit if I never fufil the MOP as working overseas but am paying the monthly mortgage?

Also if so, am I able to rent out my entire/part of unit if I never satisfy MOP due to work overseas long term.
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5 Answers

Hi Charlie, if the MOP is not met, then you would have to write in and to appeal to the HDB branch office to let you rent out the whole flat.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Charlie,

Since you are currently working overseas, it will be easier to get the HDB approval for you to rent out the whole unit.

Please feel free to contact me if you need further assistance.

Regards,
Nick Tan
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B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
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Hello Mr Charlie!

Good day to you!
I am Daniel Tan from PropNex Realty.

You will be able to rent out your whole unit with the approval from the HDB. However do note that you will still need to complete the MOP in future when you wish to sell away this unit. The period of rental will not count towards your MOP period.

Allow us to arrange for a meet up session to better understand your needs and requirement.

I will not be notified if you reply to this message. Please contact me directly at (+65) 9477 5100  or daniel.tck@outlook.com.

Hear from you soon.

Any other queries?
Do not hesitate to contact me for a non-obligated discussion on how I can assist with your real estate needs.

Have a great day ahead.

Best Wishes

Daniel Tan
PropNex Realty Pte Ltd

T: (+65) 9477 5100 
E: daniel.tck@outlook.com
FB: @danieltanpropnexrealty
YouTube: danieltanpropnexrealty Read More
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Robbie Chen Chee Howe
Hi Charlie,

Did you previously rent out your entire unit while you were overseas? If you did, you will need to fulfill the full 5 years before you can rent out or sell the unit. If not, you could justify to HDB that you have in fact met your MOP even though you were overseas.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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YT Tan (陈永达)
Good afternoon Charlie,

I will love to extend my expertise in your property needs.

If you wish to rent out partial or whole of your unit within MOP while you are working overseas, you can submit your appeal to your HDB branch office to do so. The appeal is based on case by case basis tho.

If you never do that, even you are overseas, you can continue to hold your property if you remains eligible to hold.

But do take note that you have to physically occupy the unit to fulfill the MOP. If not you will not be able to sell off your unit even its 5 years old.

Hope my sharing helps!

May I know how can I value add further in your property needs?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

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