Current Regulations

Summary  for property purchased on 30 Aug'10 onwards:

For Private Homes:

*  70% of the valuation price for second home loan
*  10% of the property price to be paid in cash for second home loan
*  Holding Period of 3 years
   (Penalty: stamps fes payable upon selling...up to 3% of the property price)


For HDB flats:

*  Can not hold a private property concurrently within MOP
*  Must dispose his/her private property within 6 months
*  Minimum Occupation Period(MOP) is 5 years for all flats

*This is just a guide.  Please check with the relevant authorities for more detailed information. www.mnd.gov.sg  and www.hdb.gov.sg


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Olivia Lim
Division Director
ERA REALTY NETWORK PTE LTD
olivialim13@yahoo.com.sg
CEA Licence No.:
L3002382K / R024037D
+(65) 8133 2261