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You must not own any private residential property overseas for at least 30 months to buy a new HDB flat, or 15 months to buy a resale HDB flat, including property in Malaysia.

You cannot buy residential property abroad until you fulfill the Minimum Occupation Period (MOP) on your current HDB flat. This rule does not apply to overseas commercial properties like shops or offices.

The Housing & Development Board (HDB) is Singapore's public housing authority under the Ministry of National Development, established in 1960. It offers flats for rent and sale, focusing on quality and affordable homes, town development, high construction standards, and upgrading older estates. 82% of Singaporeans live in HDB flats.

Differences between HDB loan and bank loan: - Downpayment: HDB 20% (combination of cash & CPF OA); Bank 25% (5% in cash) - Interest rates: HDB fixed, currently 2.6%; Bank variable - Eligibility: HDB income ceiling S$14,000, Singapore citizen; Bank no income ceiling - Loan tenure: HDB 25 years; Bank 30 years - Refinancing: HDB to bank allowed; Bank to HDB not allowed - Early repayment: HDB no penalty; Bank has penalty Click for more

The choice between freehold and leasehold condos in Singapore depends on priorities and financial goals. Freehold properties offer perpetual ownership and higher long-term value but cost more. Leasehold properties are more affordable with better rental yields and investment flexibility. Choose based on your budget, goals, and investment horizon.

You may be eligible for a housing subsidy of up to $30,000 when buying a new Executive Condominium (EC) unit from a developer under the CPF Housing Grant for ECs. At least one core applicant or occupier must be a first-timer. Grant amounts vary based on household type and income. Click for more.

A property agent is not mandatory for housing transactions in Singapore but can provide valuable services such as coordinating timelines, offering specialized insights, preventing costly errors, handling negotiations, expediting transactions, and managing marketing efforts, especially for complex deals.

HDB loan requires a 20% downpayment, offers a fixed 2.6% interest rate, has eligibility criteria including an income ceiling, and loan tenure up to 25 years. Bank loan requires a 25% downpayment (5% in cash), offers variable interest rates, no income ceiling, can loan up to 30 years, and has early repayment penalties.

HDB Loan vs Bank Loan: - Downpayment: HDB Loan: 20% (cash+CPF), Bank Loan: 25% (5% cash) - Interest Rates: HDB Loan: 2.6%, Bank Loan: Variable - Eligibility: HDB Loan: S$14,000 ceiling, Bank Loan: No ceiling - Loan Tenure: HDB Loan: 25 years, Bank Loan: 30 years - Refinancing: HDB Loan: Yes, Bank Loan: No - Early Repayment: HDB Loan: No penalty, Bank Loan: Penalty

Dual key units are single title homes with two separate living spaces behind one main door or foyer. They include a main unit with its own bedroom, kitchen, and living area, plus a secondary suite with its own bedroom and bathroom. This setup offers privacy for multi-generational families or rental potential.