Hi Hoping to get advice from EC owners and owners-to-be:
I am considering a resale EC that is between 5-10 years old. Based on the two links below I am a bit confused:
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/...EC?OpenDocument
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/...se?OpenDocument
1) Is the MOP 5-rule similar to the normal HDB resale situation(5 years begins from resale date), or does the MOP only apply from the TOP date?
e.g. If the EC has TOP date in 2005, and I buy resale EC in 2010, does the MOP still apply to me for next 5 years from my purchase date?
2) After 10 years, I understand that the EC becomes private property. Resale is not restricted to SC and SPR only.
At that point, Are there any further constraints from HDB, e.g. MOP ?
Thanks for your help in clearing this one up!
