AskGuru Q&A Community

Hi,

Once you collect the keys to your resale hdb, you need to wait out a 5 year MOP period before you can purchase residential property again.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :) Read More

Good afternoon,

Upon key collection to your HDB unit, you will have to fulfill the MOP of 5 years before you are eligible to purchase your second property. However, in order to keep both, you must be SC.

Do feel free to contact me should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for someone who have knowledge and experience on sales and purchase of residential properties?
With more than 10 years experience on standard sales and purchase cases, I do also handle cases that is related to:

1) Mental Capacity Act
2) Long Lasting Power of Attorney
3) Estate Planning and Distribution
4) Divorce
5) Bankruptcy

Put your doubts aside before moving forward in life’s most rewarding decision with ease of mind as you are in good hands Read More

Hi you will need to wait out a 5 year MOP period. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
MCG Read More

Hi,

Beware that only SC is allowed to purchase private property upon meeting MOP of HDB flat, and continue to hold on to it.
SPR is not allowed to buy private property while holding on to HDB flat.
SPR has to dispose off HDB flat within 6 months of key collection of private property.

Your MOP period count from the day of key collection.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer does not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More

Hi,

Beware that only SC is allowed to purchase private property upon meeting MOP of HDB flat, and continue to hold on to it.
SPR is not allowed to buy private property while holding on to HDB flat.
SPR has to dispose off HDB flat within 6 months of key collection of private property.

Your MOP period count from the day of key collection.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer does not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More

Hi .

Yes possible after 5 years MOP minimum occupation period .

Yes possible but you have to be singaporean to keep both the hdb and private property .

In addition , extra stamp duty 7% ABSD payable , meaning in an example of a 1 million dollar condo , extra taxes of $70 000 ABSD if you keep both the hdb and private property eventually .

Alternatively sell the hdb and buy a private property concurrently, with savings of $70 0000 taxes in a 1million condo example .

Kindly contact me Joanne chia Hp 8333 3327  for a no obligations chat for your property needs.

My charges are 1% commission for exclusive ( sole agent ) selling rights to your hdb or 2% for open listing ( many agents marketing ) .

No commission chargeable when i serve private property buyers.

Thank you .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More

after 5 yr .
Whatsapp to 8279 8327 

Our charges are 1% commission for sales ..

Owners / landlords need property agent in sg ( agt ) to rent out or sale of your property
please contact handphone whatspp text to 8279 8327 

Xu zhen feng
R05-7810C / L300-9250K
Orangetee & Tie Pte Ltd
8279 - 8327

Or you have more questions such as ?
Sg buying / selling house ?
Singapore Rentals property ? Read More