Can you sell HDB before MOP?

[@n0nym0us]

Is it really not possible to sell HDB before MOP or are there special cases? And if so, what are they and how do you get HDB's approval?
Have there been cases of people illegally selling HDB before MOP and what was the penalty?

 

[Tuckie]

Is it really not possible to sell HDB before MOP or are there special cases? And if so, what are they and how do you get HDB's approval?
Have there been cases of people illegally selling HDB before MOP and what was the penalty?

How can you sell before mop without prior approval? Because if u sell it, it goes through hdb too. They will flag this out.

 

[AlanKohCD]

HDB might approved. if you got valid reasons.
HDB will ask you, what is your reason of selling before MOP?

 

[vinz]

Hdb got record in their system when u take keys. And count 5yrs from that date to the mop day.


How do you think anyone can bypass the system to sell it illegally before the date??
There is no penalty as it can't be done.
Especially for bto they won't give approval easily.

Resale flat maybe slightly easier.
I have heard of children childcare arrangement as a reason which was approve (2 to 3.mths before mop)

Special approval only given maybe if u lose your spouse for BTO. And most likely all these special approval are actually few mths before the actual MOP date.

If you asking why some units are being sold before MOP, it may be because they are getting SERS replacement flat and their mop is much earlier then the normal 5yrs.. Their MOP start a few years earlier when their flat get sers.

-vinz

 

[henrylbh]

According to HDB's reply, even death of sole owner, the flat cannot be sold in open market. But my father's flat was bought in Jan 2017 and sold in Sep 2018. Was given six month's to sell and sold at a profit

 

[Rxgn]

All is case by case subjected to hdb approval.

Anything can happen. Like henrylbh case, hold the flat for only 1 year 8 months and hdb still allow it.

If you feel you have valid reason to sell before mop, u can gather the points and email hdb and see what is their reply.

Good luck

 

[䏣炆玧示老太]

Is it really not possible to sell HDB before MOP or are there special cases? And if so, what are they and how do you get HDB's approval?
Have there been cases of people illegally selling HDB before MOP and what was the penalty?

yes can
just divorce very simple

 

[yildun]

Still don't understand for flats and EC that HDB grant special approval to sell, why HDB/developer cannot take back as SBF/ bounced out and refund owner at original price paid, but allow the owner to profit (some units are like blank paper never stayed in before and sold for obscene amount of profit, agent also huat).

Compared to those who booked and cancelled and had to forfeit the deposit, owners who 'give up' before MOP actually end up earning while also hanging on to a unit and denying other home buyers. I don't think there is any SSD or similar financial penalty in place for selling before MOP?

Loophole gao gao.

Am I correct to say that if person A and B apply a bto/ec as fiance-financee, but after collect key can claim break up, they can seek special approval to sell and stand to profit monetary? After a few month got back together and get married buy condo also no one will fault them right?

 

[Rxgn]

Still don't understand for flats and EC that HDB grant special approval to sell, why HDB/developer cannot take back as SBF/ bounced out and refund owner at original price paid, but allow the owner to profit (some units are like blank paper never stayed in before and sold for obscene amount of profit, agent also huat).

Compared to those who booked and cancelled and had to forfeit the deposit, owners who 'give up' before MOP actually end up earning while also hanging on to a unit and denying other home buyers. I don't think there is any SSD or similar financial penalty in place for selling before MOP?

Loophole gao gao.

Am I correct to say that if person A and B apply a bto/ec as fiance-financee, but after collect key can claim break up, they can seek special approval to sell and stand to profit monetary? After a few month got back together and get married buy condo also no one will fault them right?

can.

but hdb also not stupid. please feel free to game the system.

 

[yoongf]

https://mothership.sg/2023/03/couple-break-up-surrender-hdb-flat/

 

[mikki23]

Still don't understand for flats and EC that HDB grant special approval to sell, why HDB/developer cannot take back as SBF/ bounced out and refund owner at original price paid, but allow the owner to profit (some units are like blank paper never stayed in before and sold for obscene amount of profit, agent also huat).

Compared to those who booked and cancelled and had to forfeit the deposit, owners who 'give up' before MOP actually end up earning while also hanging on to a unit and denying other home buyers. I don't think there is any SSD or similar financial penalty in place for selling before MOP?

Loophole gao gao.

Am I correct to say that if person A and B apply a bto/ec as fiance-financee, but after collect key can claim break up, they can seek special approval to sell and stand to profit monetary? After a few month got back together and get married buy condo also no one will fault them right?

So I can potentially do the most basic renovation, stay for 4 years and get a full refund later?

 

[mikki23]

Is it really not possible to sell HDB before MOP or are there special cases? And if so, what are they and how do you get HDB's approval?
Have there been cases of people illegally selling HDB before MOP and what was the penalty?

How are you able to sell illegally when you need to submit a resale application on HDB website? They will not allow you to submit if your unit is still under MOP.

I managed to get approval to sell with 6 months remaining from MOP, my friend with 2 years remaining from MOP. Both of us have valid excuse with official documents backing up our claims.

Pls note approval to sell does not mean approval to buy. If you are thinking to sell your BTO to buy a new EC or resale, you need to seek approval to sell and buy which could be challenging.

 

[reiser]

yes can
just divorce very simple

When I wrote in to ask if I could sell if I divorced, HDB said cannot. That’s why I was stuck in the marriage for another 5 years. Sometimes I thought my life could have been very different if I didn’t get a wrong reply from HDB.

 

[gtggtg]

When I wrote in to ask if I could sell if I divorced, HDB said cannot. That’s why I was stuck in the marriage for another 5 years. Sometimes I thought my life could have been very different if I didn’t get a wrong reply from HDB.

actually, if you divorce first, got lawyer to fill up that you guys agree to sell matrimonial home and divide the sales proceeds, can send the final judgment to HDB to approve the sale, they got not much choice also.

they will ask if either party can buy the flat from the other. if you can prove both of you no funds to do so / not going to get married to another person soon / parents not eligible to buy it with you then most likely will approve.

I know someone who had to sell with HDB approval like that, but his was EC direct from developer, hence need hdb approval. after sale, he had also must wait until the old EC 5 years MOP over then can apply BTO, HDB refuse to waive MOP even though got new wife and kid on the way

 

[䏣炆玧示老太]

When I wrote in to ask if I could sell if I divorced, HDB said cannot. That’s why I was stuck in the marriage for another 5 years. Sometimes I thought my life could have been very different if I didn’t get a wrong reply from HDB.

don't ask,just "DO IT"

 

[reiser]

actually, if you divorce first, got lawyer to fill up that you guys agree to sell matrimonial home and divide the sales proceeds, can send the final judgment to HDB to approve the sale, they got not much choice also.

they will ask if either party can buy the flat from the other. if you can prove both of you no funds to do so / not going to get married to another person soon / parents not eligible to buy it with you then most likely will approve.

I know someone who had to sell with HDB approval like that, but his was EC direct from developer, hence need hdb approval. after sale, he had also must wait until the old EC 5 years MOP over then can apply BTO, HDB refuse to waive MOP even though got new wife and kid on the way

During that time, I was young so I was afraid of flouting the rules/laws or incurring huge financial costs so I didn’t dare to divorce when HDB said cannot sell. They have ruined lives by misinforming people.

 

[aabbccddeeffgg]

During that time, I was young so I was afraid of flouting the rules/laws or incurring huge financial costs so I didn’t dare to divorce when HDB said cannot sell. They have ruined lives by misinforming people.

Actually they didn’t misinform you. Within MOP really cannot sell by default. Furthermore, you are asking them “if you divorce”, and not divorced finalised yet. Of course they will just tell you standard templates answer, and you didn’t ask further. You need to know what exactly to ask HDB, including the specific questions ask, how to phrase the questions etc, cause HDB staff cannot purposely tell you how to exploit their policies right. But if you ask them in a way that doesn’t put them in a spot to answer or will cause them to “help” you exploit, usually they are quite willing to help you one.

 

[reiser]

Actually they didn’t misinform you. Within MOP really cannot sell by default. Furthermore, you are asking them “if you divorce”, and not divorced finalised yet. Of course they will just tell you standard templates answer, and you didn’t ask further. You need to know what exactly to ask HDB, including the specific questions ask, how to phrase the questions etc, cause HDB staff cannot purposely tell you how to exploit their policies right. But if you ask them in a way that doesn’t put them in a spot to answer or will cause them to “help” you exploit, usually they are quite willing to help you one.

I thought they could answer me by saying if you divorce, I could write in to inform them and they would help me from there. The reply was something to the effect of “not allowed” to sell my flat in the event that I divorced. However, the reply did state that every case would be considered on a case-by-case basis.

At that point in my life, none of the case-by-case basis had applied favourably to me. So I didn’t bank my hope on that statement.

Even if they had replied that I could sell the flat back to HDB at a loss, I would have done it. But no, no option of selling at all was given to me.

 

[okichin]

I sold before MOP after getting my MP to help write appeal letter 3x. First 2 appeals were rejected with no reasons given, HDB just state that need to reach MOP.

The last successful appeal was ~6mths before MOP. Our speculation was the time left played a role. Our case was not as serious as death or divorce, but it's possible to appeal thru MP.

 

[gonewiththesmart]

Ask MP help write..