The new set of property cooling measures announced in September 2023 prevents private property owners below the age of 55 from buying a HDB flat immediately after selling their private property. There is now a 15-month waiting period before such a purchase can occur.
So it is still possible for you to buy a HDB flat after you sell your private property. You’ll just have to wait 15 months to do so.
In the meantime, you can make all the necessary eligibility checks and financial planning to get yourself ready. Here’s everything you need to know.
What to consider when you sell your condo and buy an HDB flat
The Housing Development Board (HDB) has some of the most confusing and strictest regulations for buying or selling property. If you are staying in a condo right now and are planning to sell it and buy an HDB flat, here are the important factors to take note of:...