Can couple seller of HDB buy two condo with one name each

In Singapore, a couple who are sellers of an HDB flat can consider buying two condos, but there are specific conditions and considerations to keep in mind:

- Minimum Occupation Period (MOP): If the couple has fulfilled the MOP for their HDB flat, they can purchase private properties. However, only Singapore Citizens can own both an HDB flat and a private condo simultaneously after fulfilling the MOP. Permanent Residents must dispose of their HDB flat within six months of buying a private residential property.

- Ownership Structure: To avoid the Additional Buyer's Stamp Duty (ABSD), one strategy is for each spouse to be an essential occupier of the HDB flat rather than an owner. This way, each spouse can purchase a condo individually after fulfilling the MOP, without having to sell the HDB flat. However, this requires careful planning and compliance with HDB regulations.

- Financial Considerations: Buying two condos involves significant financial commitments, including mortgage loans, stamp duties, and maintenance fees. Couples need to ensure they have sufficient financial resources, including CPF savings and cash, to meet these requirements.

In summary, while it is possible for a couple to buy two condos with one name each, it is crucial to comply with HDB regulations, fulfill the MOP, and carefully manage the financial aspects involved.