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Hello Gurus,

I'm holding a HDB unit which be brought in Dec 2015 (resale). We did not use any grants and are considered as first time buyers. We are thinking of upgrading to EC and need your advise when is right time to start looking considering 5 years MOP and also the fact the new launch EC might need 3 years waiting. Please also sight cases where the income was a bit above the ceiling and HDB provided waiver for buying EC. Thanks
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1 Answer

D. Kumar
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Hi Mr Prasad,

The purchase can only be conducted post your MOP timeline. In this case, you could wait for your MOP to be up before you can sign on any legal documentation. Meanwhile, you could invest in commercial / industrial properties for generation of yield , to facilitate future purchase. If you are looking into your portfolio enhancement, please do contact me for a detailed discussion.

Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.

D Kumar
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ERA Associate Division Director

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