Asked by Alan
Hi, hope you can help me.
I owned (purchased) a HDB shop with living quarters upstairs in1997. Its was used all these years to run my business. I am staying in a private landed property.
I am looking to buy a condominium of convenient location, with a view to sell my present private landed property. I understand HDB had some new regulations forbidding HDB owners to buy private property unless they first sell their HDB flats. I would like to seek your help to the below questions:
1) Is my HDB shop with living quarters upstairs considered residential property ? or shop ?
2) Am I affected by this new regulations?
Would appreciate your kind clarification.
Warm regards,
Alan Yeo
I owned (purchased) a HDB shop with living quarters upstairs in1997. Its was used all these years to run my business. I am staying in a private landed property.
I am looking to buy a condominium of convenient location, with a view to sell my present private landed property. I understand HDB had some new regulations forbidding HDB owners to buy private property unless they first sell their HDB flats. I would like to seek your help to the below questions:
1) Is my HDB shop with living quarters upstairs considered residential property ? or shop ?
2) Am I affected by this new regulations?
Would appreciate your kind clarification.
Warm regards,
Alan Yeo
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