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Dear Mark,

After you sold your condo, you can buy HDB resale flat immediately. The only restriction is that you cannot buy direct from HDB or get any grant.

Yes, after you buy the HDB flat despite fully paid, you still need to fulfil the 5 years MOP before buying another private condo.

If you are thinking to engaging an agent to assist you, I would like to extend my services to you.

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Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnny-goh.com Read More

Hi Mark , Good afternoon .
Here are the replies to your question. Hope it helps .

Q:When I sell away the condo, can I purchase a resale flat off the market immediately.
A:Yes, you may purchase a HDB resale flat immediately.

Q: One banker told me I need to wait 30months now?
A: That is provided if you intend to apply for CPF housing grant or HDB housing loan for your next purchase of a HDB flat.

Q: I will also intend to buy a private property, do I need to fulfill the MOP of five years, even if I am staying in the HDB,
A: Yes , you need to fulfil the MOP of 5 year.

I will be glad to offer my service to assist you further in selling and buying. Looking forward to hear from you.

Sunny Phua
OrangeTee
CEA Reg No. R031750D
H/P: 81685708  Read More

Hi Mark,

The wait of 30 months applies only if you are taking a HDB loan or Housing Grant. In your case, you will need to sell first and get a bank loan for your purchase of HDB resale flat or either fully paid off. You will need to fulfill 5 years of MOP before you can purchase a private property, irregardless the HDB was fully paid or under bank/hdb loan financing. Feel free to contact me if you have further queries.

Thank you.

Angela Chua
OrangeTee.com Pte Ltd
H/P: 9323 3330  Read More

Afternoon Mark, If you opt to sell away your condo to purchase resale HDB unit with bank loan, you are not required to fulfill the 30 month debarment. This is only applicable is you are looking at getting a subsidized unit. With the current ruling, it mandatory to fulfill the MOP of 5 years, regardless of the mortgage status of your HDB unit. Do also note that only PR are eligible to keep their HDB unit, upon fulfilling MOP, and yet purchase another private property. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More

Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

Why Should Sellers/Landlords engage me? Contact me @
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