Anonymous
Thinking of buying another HDB once MOP of current HDB house reaches. Is that allowed?
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Kenneth Lou
24 Mar 2020
Co-founder at Seedly
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Pang Zhe Liang
24 Mar 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
Generally, this is not allowed.
More details: https://www.hdb.gov.sg/cs/infoweb/residential/b...
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To own a new HDB:
All applicants and occupiers listed in the flat application do not own other property overseas or locally, and have not disposed of any within the last 30 months
All applicants and occupiers listed in the flat application cannot invest in private residential property from the date of flat application till after the 5-year Minimum Occupation Period (MOP)
You have not bought a new HDB/ DBSS flat or EC, or received a CPF Housing Grant before; or, have only bought 1 of those properties/ received 1 CPF Housing Grant thus far