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A review of the 28 condo units that sold at a loss in November 2022

Last week, we covered the top 10 condos sold at record capital gains by regions (CCR, RCR and OCR) and holding periods (less than 10 years and more than 10 years). Today, we’ll review the top 28 condo units in November 2022 (based on URA data captured from 1st to 25th November 2022), which sold…

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Comment on Buying property under your child’s name: Is it a good idea? by 99.co

In reply to <a href="https://www.99.co/singapore/insider/buying-property-under-your-childs-name-is-it-a-good-idea/#comment-211654">Jesselyn</a>. Hi Jesselyn, As your child is an essential occupier of your existing flat and still serving MOP for it, you cannot buy a private property under that same child's name (even if other eligibility conditions are met). You should wait until after you serve your MOP (and ensure that at least one owner of the household is a Singapore Citizen), before an essential occupier (like your child) can buy private property. Hope this helps. Here's the link if you need to check in with HDB as well: https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/changing-owners-occupiers/change-in-occupiers/eligibility

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