Property
Selling your EC Right after MOP or upon Privatisation? Which is better?
By New Academy of Finance  •  March 5, 2021
TweetSharePinShare0 Shares Table of Contents Selling your EC: MOP or Privatization? Like all HDB regulated properties, an executive condo (EC) can only be put on the open market after you have met the five-year Minimum Occupancy Period (MOP). So now that you’ve gotten there, what’s next? Is it time to sell and reinvest in another property, or hold on till it hits privatization status in Year 10? Here’s how i would approach this topic rationally: 1st, you need to be clear why you would sell right after MOP, instead of after privatisation of the EC at the 10th year mark. Ask yourself:
  1. Is it the herd instinct of following your neighbours who are cashing out that’s influencing you?
  2. Are you afraid that you can no longer realise your profits in the future?
  3. Or are you looking for a way to realize the gains
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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