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If you belong to a non-Malaysian SPR family (i.e. All news, information, contents and other material displayed on the Website and Services including the Postings are for your general information purpose only and are no substitute for independent research and/or verifications and should not be regarded as a substitute for professional, legal, financial or real estate advice. All Listings Search for every single listing from all major portals.
Eligibility You must fulfil a set of eligibility conditions before you can sell your flat. Within the vicinity of Fernvale Riverbow, you can find two primary schools (Fernvale Primary School and Sengkang Green Primary School) and one secondary school (Pei Hwa Secondary School) Freehold Condominiums/ Apartments For Sale. We develop public housing to provide Singaporeans with affordable, quality homes, and a better living environment. More than homes, our HDB towns are vibrant places to enjoy to the fullest. Alrernatively, buyers can check a buyer's eligibility to buy a flat under the EIP/SPR quota. You need to ensure that your flat sale is within the EIP and SPR quota for your block/ neighbourhood. Aside from that, EdgeProp also offers a property market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore's most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches. There is no restriction on the sale and purchase of an HDB flat if: You (or your salespersons) and your buyer have to submit your respective portions of the resale application separately. The Analytics are provided “AS IS” and we do not warranty as to its accuracy. The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of National Development. households with no Singapore Citizens (SCs) or Malaysian SPRs), you can sell a particular resale flat if the EIP and SPR quotas have not been reached. Please note that the MOP Date here is an estimation. The MOP framework therefore prevents property investors from driving up the prices of public housing. The details are available in the following sections. The ethnic proportions and SPR quota are updated on the 1st of every month, and are applicable for resale applications submitted to us for that same month. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis. You will not be able to sell a particular flat if the sale causes your block/ neighbourhood’s EIP and/ or SPR quota to exceed. If you go through a divorce after meeting the MOP, you can sell the flat if all eligibility conditions are met. EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for. The MOP is the period of time that you are required to physically occupy your flat before you can sell it on the open market. There is so much in place for you to bond with your neighbours and create an active and cohesive community. In cases of bankruptcy or divorce, additional requirements may have to be met before the flat can be sold off. Transact with us at your convenience. A resale application is considered complete only when we receive both portions. You must fulfil a set of eligibility conditions before you can sell your flat. It excludes any period where you do not occupy the flat, such as when the whole flat is rented out or when there has been an infringement of the flat lease. You can submit an application, submit an online enquiry, or make an appointment with us. Please seek professional advice before relying on the Analytics. There are also additional requirements that may have to be met in the event of bankruptcy or divorce.
You can view the EIP/SPR quota of your flat after you have registered your Intent to Sell using the HDB Resale Portal. Whether you are buying, selling, or already living in an HDB flat, everything you need to know about residential properties is housed here. Up to 50,000 HDB Flats reaching MOP in 2020 and 2021 This year alone, an estimated 20,000 previously launched HDB BTO flats will reach the end of their MOP. If you would like to check your eligibility to sell your flat, register your Intent to Sell through the HDB Resale Portal. Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore's most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. It is important to understand the requirements of our resale procedures. Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. The MOP is calculated from the date you collect the keys to your flat. You need to produce the following documents: An official English translation of these documents by an interpreter of the Supreme Court or Family Justice Courts is required if the documents are not in any of the 4 official languages. Get the information you need for any business involving HDB homes, properties, commercial spaces, or land under our management. To better manage the selling process, find out more about the financial matters and costs involved in an HDB flat sale. The MOP duration depends on the purchase mode, flat type, and date of flat application: Design, Build and Sell Scheme (DBSS) flat bought from a developer, Flat bought under the Selective En bloc Redevelopment Scheme (SERS) with portable SERS rehousing benefits, Flat bought under the Selective En bloc Redevelopment Scheme (SERS), Resale flat bought from the open market with the CPF Housing Grant, Resale flat bought from the open market without the CPF Housing Grant, Application date on or after 30 August 2010, Application date between 5 March to 29 August 2010, 2.5 years with an HDB loan and 1 year with bank loan/without any loan, Flats bought under the Fresh Start Housing Scheme.
In cases where none of the flat owners are Singapore citizens, they will have to obtain the consent of the Official Assignee before they sell their flat. Fernvale Riverbow, which recently hit its 5-year HDB MOP, is a good option for those with families. Do note the Minimum Occupation Period (MOP), Ethnic Integration Policy (EIP), and Singapore Permanent Resident (SPR) quota for your block/ neighbourhood. The SPR quota ensures that SPR families can better integrate into the local community. The MOP seeks to prevent people from buying resale flats and reselling them for higher prices immediately. Starting from 2020, there will be about 20,000 HDB units that will come off their minimum occupation period (MOP), reported Singapore Business Review citing a DBS Bank report. Please check with HDB for further information. We are not responsible or liable for any claims, damages, losses, expenses, costs or liabilities whatsoever. In Singapore, the primary role of an HDB flat is to provide housing, not serve as an investment.
Find out more on how to retain your flat after a divorce. Do note the Minimum Occupation Period (MOP), Ethnic Integration Policy (EIP), and Singapore Permanent Resident (SPR) quota for your block/ neighbourhood. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator which helps to determine the probabilty of a Singapore project being put up for collective sale. HDB MOP Check all HDB units where MOP has lapsed; Lease Expiry Target districts and condos with the highest number of expiring leases; Subscription Packages; I have a buyer. We reserve the rights to modify, alter, delete or withdraw the Analytics at any time without notice to you. Flats that will hit the MOP is expected to reach 17,000 to 19,000 annually over the next 10 years.
Send free enquires and SMSes ; Location Scan Instantly have a bird's eye view on all projects near a location; Shortlist Projects & Transactions Find projects matching your … Malaysians are excluded from this quota because of their close cultural and historical similarities with Singaporeans. You can find out more about the types of HDB car parks, important car park information, and parking offences. Click to learn more.
On the lookout for undervalued property or buying to rent? The Analytics are based on the data available at the date of publication and may be subject to further revision as and when more data is made available to us. Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. Under the Housing and Development Act, as long as any of the HDB flat owners is a Singapore Citizen, the consent of the Official Assignee is not required in the event that the flat owners wish to sell the flat. 7 years from the date of selection of the replacement flat; or, The proportion of the buyer's ethnic group/ SPR quota is within the prescribed block/ neighbourhood limits, The buyer and you are of the same ethnic group and/ or citizenship type, Writ for Judicial Separation (previously known as Deed of Separation); or, Interim Judgment (previously known as Decree Nisi) and Certificate of Making Interim Judgment Final (previously known as Decree Nisi Absolute); or. Find out more about the streamlined resale process with the introduction of the new HDB Resale Portal. You can login to My HDBPage with your SingPass and check if you have met the MOP to sell your flat, under My Flat > Purchased Flat > Flat Details > Minimum Occupation Period (MOP). This feature is only available to our Pro Users. The EIP ensures a balanced ethnic mix in HDB estates, thereby helping to promote racial integration and harmony. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. You and your buyer should each ensure that all the current eligibility conditions and resale requirements have been met on the date the second party submits his/ her portion of the resale application. There are also additional requirements that may have to be met in the event of bankruptcy or divorce. According to a The Business Times report, the figure for 2019 was 27,000 and from 2020 to 2021, there could be as many as 50,000 HDB BTO flats that can be put up for resale.
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