Ask Stacked Homes #01 – Top 5 Singapore housing questions of the week


Stanley loves crunching numbers in excel and analysing them. Naturally, he helps Stacked Homes generate articles based on his analysis as much as he can. When he's not using Excel, he enjoys watching movies and eating chocolates.
Here at Stacked Homes we get many questions every week on Singapore housing. So, sharing is caring right? We hope you find this resource useful, if you do have any questions that you would like answered you can always reach out to us at hello@stackedhomes.com!
Question 1:
If i buy a resale Executive Condominium that is 7 years old but less than 10 years, am i able to rent it out immediately or do i have to wait for the 5 year MOP?
Answer:
Yes, an Executive Condominium that has fulfilled its 5 year MOP is considered semi privatised and can be rented out. It is only after 10 years that the EC is considered fully privatised and can be sold to foreigners.
Question 2:
If i bought a new condo that has not been built finish, do i incur SSD from my purchase date or only from my TOP date?
Answer:
For new condo purchases, the SSD is calculated from the exercising of the Sales and Purchase Agreement. So as of 11 March 2017, as long as it has been more than 3 years there will be no SSD payable.
Question 3:
I am moving to Singapore for 3 months for an exchange, am i able to rent an apartment here for 3 months?
Answer:
If you are looking at a period of 3 months, you will be able to rent only a private property as that has a minimum period of 3 months. For HDB (public housing), the minimum rental period is 6 months. However, short term rental is harder to find in general as most landlords are looking at longer term lease to minimise gaps in the rental periods.

Rental MarketRenting in Singapore Guide (This will make your renting journey a lot easier)
by SeanQuestion 4:
Hi, is it possible to pay for downpayment for a new condo with CPF? the full downpayment?
Answer:
If you are looking at a new condo, it is a 20% 25% deposit, of which at least 5% must be paid in cash
Question 5:
Hello can i buy a condo if i have already one under my name and then sell the first one? Will i be able to get back the tax money?
Answer:
ABSD remission is a special concession given to only Singaporean married couples. So ABSD remission is applicable if it is a married couple with at least one Singapore citizen spouse and you sell your first property within 6 months after the date of purchase/TOP/CSC. Also note that the property must be purchased under both names of the couple only and both spouses must not own any residential property. If you like to read up more on ABSD remission you can do so here.
So that is it for our first series on Singapore housing questions! Again, if you have any more questions you can reach out to us at hello@stackedhomes.com!
Stanley
Stanley loves crunching numbers in excel and analysing them. Naturally, he helps Stacked Homes generate articles based on his analysis as much as he can. When he's not using Excel, he enjoys watching movies and eating chocolates.Read next from Property Advice

Property Advice Selling Your Home For The First Time? Here’s a Step-by-Step Timeline To Follow In Singapore

Property Advice The Ultimate Work From Home Homebuyer Checklist (That Most People Still Overlook)

Property Advice When ‘Bad’ Property Traits Can Be A Bargain For Homebuyers In Singapore

Property Advice The Hidden Risks Of Buying A Landed Home In Singapore: 6 Renovations That Could Be Illegal
Latest Posts

Pro How Much Do Industrial Areas Really Impact Condo Prices? A Case Study Of Bishan And Yishun

Pro Can A New Integrated Project Raise The Value Of Your Condo? The Surprising Results Near Sengkang Grand Residences

Property Investment Insights Can You Still Own Multiple Properties In Singapore? Here’s What You Need To Know In 2025

Landed Home Tours We Tour Jalan Baiduri, Where A Freehold Semi-D Home Just Sold For $4.4 Million In 2025

Singapore Property News Why Some Central 2 Bedroom Homeowners In Singapore Are Stuck

Property Market Commentary Looking To Buy Singapore Property In 2025? Here’s What’s Different (And What Could Catch You Off Guard)

On The Market 7 New Residential Sites Near MRT Stations In URA’s Latest Master Plan Update (And What To Expect)

Pro Are Integrated Developments In Singapore Worth the Premium? We Analysed 17 Projects To Find Out

Pro Is There A ‘Best’ Time To Buy (Or Sell) Property In Singapore? We Analysed 56,000 Transactions To Find Out

On The Market 5 Unique High-Ceiling HDB Flats Priced From $650k

Singapore Property News 5 Former School Sites In The East Are Now Zoned For Homes In Singapore: Here’s What We Know

Editor's Pick Six Prime HDB Shophouses For Sale At $73M In Singapore: A Look Inside The Rare Portfolio

Pro $317K Condo Profit Vs $105K: We Analysed How Views Affected Clement Canopy Resale Gains

Pro Sea View Vs Landed View: We Analysed Seaside Residences Resale Profits — Here’s What Paid Off

Editor's Pick Selling Your Condo? This Overlooked Factor Could Quietly Undercut Your Selling Price

Hello stacked homes
I enjoyed reading your articles including sound advices 🙂
Well, I am 48 years looking to invest in existing & relatively young 2 bedder condo with about 1 mil budget (may borrow 300k) with criteria 1) that it can easily be tenanted & 2) with potential capital upside in next 7-10 years when NEW mrt is built near it? 3) preferably located north and/or west area of sgp?
Can you pls advise? Thanks a lot.