Minimum Occupation Period (MOP) – HDB flats for sale
Before HDB flat owners are eligible to sell their flats in the open market, they must have physically occupied their flats for a period of time, referred to as the Minimum Occupation Period (MOP). HDB flats for sale.
Owners can request for a letter of confirmation on the computation of MOP from HDB InfoWEB. The MOP will depend on the mode of purchase and the flat type. (If owners have rented out their entire flat, the period of subletting will not be included in the computation of the MOP). HDB flats for sale.
Different criteria for Minimum Occupation Period (MOP)
The different criteria for MOP are as follows:
- No minimum occupation period
- For HDB 1-Room flats and HUDC flats.
- 5 years from effective date of purchase
- Flats bought direct from HDB, DBSS flat bought from developer and Resale flats under CPF Housing Grant Scheme
- Flats bought under Selective En Bloc Redevelopment Scheme (SERS)
- 7 years from the date of selection of the replacement flat, provided they had taken possession of the replacement flat; or
- 5 years from the effective date of purchase of the replacement flat; whichever comes first
- Resale flats bought in the open market (without CPF Housing Grant Scheme)
- The minimum occupation period (MOP) depends on when HDB receives the resale application:
|Resale Application Received Date||MOP applicable|
|Before 5 March 2010
(includes owners owning their resale flat as at this date)
|2½ years from effective date of resale if the owner takes a loan from HDB1 year from the effective date of resale if:
i) the owner has not taken a loan from HDB; or
ii) he has taken a loan from the bank/financial institution to finance the purchase or no loan
|5 March 2010 – 29 August 2010||3 years from effective date of resale, regardless of the type of loan taken by the owners or no loan|
|On or after 30 August 2010||5 years from effective date of resale, regardless of the type of loan taken by the owners or no loan|
Source: HDB InfoWeb
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