Hi guys, first-timer applicant here, applied for 4-rm BTO at queenstown. However, my gf and I are thinking of furthering our studies overseas in about 2-3 years time (2014-2015) for 3 years (returning in 2018-2019). This means that should we get the flat, it could be vacant for about 2 years after it is ready, given the date of completion is 2nd Q of 2017. Two questions:
1. Can I confirm that the MOP starts from the point we return from overseas, since hdb site states physical presence is required?
2. Are we able to rent the unit out in such circumstances where MOP is not satisfied but we are not in the country? Or any idea what we might be able to do instead of leaving the flat vacant? (E.g have the flat choped for us but start paying when we get back?)
We really like the location and our plans to further studies abroad are still not confirmed. Therefore we decided to go ahead with the ballot. Any advice would be most appreciated. We would also be going down to HDB office to find out more, just wanted to see if anyone might have some experience or expertise in such a situation.
Thanks in advance!