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I would like to know if I'm eligible to buy a private property.

I bought my current new hdb in 2008. But the lease commencement is 2010.

May I know when can I buy a private property for investment while continue to stay in my hdb? Is the MOP of 5 years calculated from date of taking over the key, or calculated from the lease commencement?

Thank you.
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2 Answers

Afternoon,

If your application is based on SERS, then it would be from the date of selection. But if it's based on standard BTO unit, it would be from the date of key collection. All new HDB unit have MOP of 5 years. Hence you are not eligible to purchase any private residential property under your name.

Regards
Mike Lim
 96929209 
ERA Read More
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