Hi everyone! In today’s episode of the ASKPropertyLimBrothers series, Marc Chan shares “What is this 30 months “black out” period that we often hear about? 

So we’ve been getting this question pretty often. So you often hear your friends talking about this 30 months blackout period that normally happens. So we like to share a little more about this situation and when this scenario usually happens. So there are only two scenarios that happen and it falls into two categories. The first one being if you are a new executive condominium owner, meaning you bought a brand new EC from the developer, right? So usually when you buy a brand new EC, it’s different from if you are buying something that is on the resale market, like a resale EC. And why is this so is because this executive condominium that is brand new is considered a subsidized housing from the government, right? So you have to fulfil a five years minimum occupation period. And we like to call this the MOP period in short. 

What are the scenarios where by this 30 months “black out” window comes into play and what options are available if you do not want to wait out this period.