Minimum Occupation Period

Minimum Occupation Period for non-subsidised flats revised upwards

The Minimum Occupation Period (MOP) for the resale of non-subsidised HDB flats has been revised upwards to three years. Announcing the change in Parliament on Friday, National Development Minister Mah Bow Tan said the objective of such a move was to reinforce the idea that HDB flats are for owner-occupation. He stressed that flats are not meant for speculation or short-term profit. And with the...

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