Hello All,

My colleague is a PR here... bought a HDB property due to constant long hours of working here. Right now, he hopes to buy a property back in Malaysia, JB.

Is there any ruling(s) that he cannot own a foreign property after having a HDB property?

Hello All,

My colleague is a PR here... bought a HDB property due to constant long hours of working here. Right now, he hopes to buy a property back in Malaysia, JB.

Is there any ruling(s) that he cannot own a foreign property after having a HDB property?

MND not so stupid. MOP rule applies to both Singaporeans & PR who bought subsidised or non-subsidised HDB flats.

If flat owner bought before 30 Aug 2010, he can buy pty, if bought after 30 Aug 2010, has to wait till MOP is up.

actually how does MND know if one purchase another property outside SG?

actually how does MND know if one purchase another property outside SG?

Can ask Khaw Boon Wan via:

http://mndsingapore.wordpress.com/

http://www.facebook.com/khawboonwan

Likely he will tell you MND adopts "hypothesis testing" approach.