One of the key aspects of buying an HDB flat is that after completing the flat purchase (aka the key collection), you’ll need to occupy the flat for a certain number of years. This period, known as the Minimum Occupation Period (MOP), usually lasts five years. (For Prime Location Public Housing (PLH) flats, it’s 10 years.) When the MOP ends,...
For many homeowners, completing the five-year mark means that it’s time to sell the flat. More often than not, you can sell it for a tidy profit, especially given that the flat was initially priced with subsidies.
This is because the flat is only five years old, with around 94 years of remaining lease and is still in good condition. It makes the flat much more desirable to buyers, as they probably don’t have to spend much on renovation.completed its MOP was sold for $745,000What’s notable about the transaction is that its price during the BTO launch ranged from $315,000 to $373,000. This means that the owners made a paper gain of $372,000 to $430,000, or around 100 per cent to 137 per cent.
Ask yourself why you’re looking to sell. Is it solely because of the high paper gain or the need to move closer to your kid’s primary school? Are you looking to move to a bigger flat or a condo? Compared to HDB loans, the maximum financing you can take for bank loans is 75 per cent of the purchase price or valuation, whichever is lower.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Start the year strong: Here are 12 workouts to try in 2023This year, resolve to create a stable fitness routine out of whatever you enjoy most.
続きを読む »
From lunch to dinners: Best places for Chinese New Year reunions in 2023With Christmas and New Year done, it's time to pick up those chopsticks and toss to a prosperous Lunar New Year. Traditionally, eating well is a symbol of good fortune; so feast your way, together with family and friends, into a year of good fortune, abundance, and good health. From city views to waterfront views, from nourishing dishes to indulgent...
続きを読む »
Top 5 fitness trends to look out for in 2023It is a brand new year, and a perfect time to shake up your workout routine. Fitness enthusiasts and beginners alike can try out some of the up and coming fitness trends for a healthier 2023. It has become a buzzword in the fitness community, but what is wearable technology? It refers to devices such as fitness trackers, smart watches,...
続きを読む »
COE analysis January 2023 first round: Holiday hangoverThe first Certificate of Entitlement (COE) bidding exercise for January 2023 saw premiums fall across the board for all categories, with Categories A and B seeing the biggest drops. In Cat A, which is reserved for cars with internal combustion engine (ICE) that are less than 1.6-litres in capacity and output of less than 130hp, and electric cars with an...
続きを読む »
Budget 2023 to address cost-of-living concerns of S’poreans: DPM WongHe said the Government will continue to help S'poreans during these trying times, adding that S'poreans will “never walk alone”. Read more at straitstimes.com.
続きを読む »
Sengkang resident says recently MOP-ed estate is 'always mouldy', likens it to haunted houseWhen Jane Chai first moved into a four-room HDB flat in Sengkang six years ago, she was drawn to its peaceful environment and greenery nearby. In an interview with AsiaOne on Friday (Jan 6), the 30-year-old mother of two shared that she is still in love with her home in Block 338B Anchorvale Crescent, but with just one major caveat....
続きを読む »