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Thread: sell HDB flat in less then 5 years

  1. #1
    Join Date
    Jan 2008
    Posts
    127

    Default sell HDB flat in less then 5 years

    i understand that for any brand new HDB flat, you are not allow to sell the flat before 5 years of occupancy. does this apply to resale flat as well? also on what grounds will HDB reconsider whether the flat can be sold before 5 years?

  2. #2
    Join Date
    Feb 2008
    Posts
    395

    Default

    Juju

    Five years is only applicable if you buy a flat direct from HDB, it does not apply to resale.

    For resale flat is 2 and a half year.

    But for resale flat that one buy with the grant like the first time grant and near the parents grant - the five year still applies.

    There will be no special conditions applicable that will allow this to be shorten.

    Even if a couple divorce before the 5 years, if they want to sell they will have to sell back to HDB. Or they will have to keep if for 5 years than resale.
    As strict as that.

  3. #3
    Join Date
    Jan 2008
    Posts
    127

    Default

    oh got it. so resale flat on needs 2 hald year. it's for my parents. i just got an apartment, thinking of asking them to sell their flat and move in with me.

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