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Restrictions In Buying Hdb (new/resale) For Private Owner

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Quite keen on this thread as I have question to ask...

If we own a flat and took HDB grant. Stayed in the flat for more than 5 yrs liao.

Now if we buy a condo or pvt are we still allowed to keep the HDB and rent it out?? Or got to sell away the HDB flat??

Heard lots of different version so am checking out now. :D

Edited by zerochristy
 

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Quite keen on this thread as I have question to ask...

If we own a flat and took HDB grant. Stayed in the flat for more than 5 yrs liao.

Now if we buy a condo or pvt are we still allowed to keep the HDB and rent it out?? Or got to sell away the HDB flat??

Heard lots of different version so am checking out now. :D

Actually, u are asking many questions.

1. Can buy private? Yes, HDB flat owners (after MOP) are allowed to invest in private properties.

2. Can rent out HDB, see criteria below if u qualify to rent out. MOP is not about owning the flat. If u own for 5 yrs but during this time u lived elsewhere, the time u lived elsewhere does not count as MOP time.

http://www.hdb.gov.sg/fi10/fi10325p.nsf/w/...es?OpenDocument

http://www.hdb.gov.sg/fi10/fi10323p.nsf/w/...at?OpenDocument

 

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hi all, i staying in a private property. can i get a resale or new hdb?

Actually the answer is no. You cannot "stay" in private while owning HDB. You have to "stay" in HDB while "investing" in private.

Most people just lock up one room of their HDB....

 

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