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Middle of last year we sold our landed house and my wife and I jointly bought a HUDC Apartment in Serangoon North Ave 1. It is presently going through privatization. My questions are: 1) is my HUDC apartment considered Private or HDB apartment? 2) Do I have to fulfill the MOP? 3) Can I buy a resale HDB / EC / BTO flats as an investment? Please enlighten us. Thank you.
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4 Answers

YT Tan (陈永达)
Good afternoon! Currently your HUDC apartment is still considered as a HDB flat thus you still need to observe the MOP. Once it has been privatized, you won't need to observe MOP anymore. FYI HDB flats are always not regarded as investment property, thus if you need to decide to purchase a resale HDB or BTO (observe a waiting period of 30 months after disposal) when you are able to, you have to sell off your privatized HUDC. But you can hold on to your privatized HUDC when you purchase a resale EC. Hope it helps! Cheers. Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More
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Dear sir/madam, Your question is pretty technical therefore the answer is very straightforward. As long as the HUDB has not privatised, it is still considered a HDB therefore MOP is to be observed just like what my fellow professional has indicated. Only when the project has completed the privatization process that you will not need to observe the MOP process. 1 thing I will need to highlight though is should you be planning to sell after privatization, Seller's Stamp Duty will be applicable if the sale is done before the 4 years mark. The privatization will help in your investments as I assume that you are sitting on good amount of cash from your sale of landed therefore you will have more options in your investment of real estate. Let me know if you need recommendations of real estate investment as I have a series of projects which may suit you, even when you are observing MOP now. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event. If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location on the River Thames in central London. Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects? We have MORE opportunities for you. From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment. Call us to find out MORE! Read More
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