{"id":113656,"date":"2020-01-16T11:21:30","date_gmt":"2020-01-16T04:21:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/around-20000-hdb-units-annually-to-hit-mop-starting-2020\/"},"modified":"2020-01-16T11:22:15","modified_gmt":"2020-01-16T04:22:15","slug":"around-20000-hdb-units-annually-to-hit-mop-starting-2020","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/around-20000-hdb-units-annually-to-hit-mop-starting-2020\/","title":{"rendered":"Around 20,000 HDB units annually to hit MOP starting 2020"},"content":{"rendered":"


\nFlats that will hit the MOP is expected to reach 17,000 to 19,000 annually over the next 10 years.
\nStarting from 2020, there will be about 20,000 HDB units that will come off their minimum occupation period (MOP), reported Singapore Business Review citing a DBS Bank report.
\nFlats that will hit the MOP is expected to reach 17,000 to 19,000 annually over the next 10 years.
\nStable prices and higher volumes within the HDB resale market are seen to push upgraders (homeowners who have already purchased their first HDB homes), to purchase a larger home, whether because of aspirations or a growing family.
\n\u201cWhilst there is a significant number of households that can choose to upgrade to the private market, the timing of these households opting to enter the market remains uncertain for now. Developers will likely cater their projects to attract this market,\u201d said the report.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Around 20,000 HDB units annually to hit MOP starting 2020<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Flats that will hit the MOP is expected to reach 17,000 to 19,000 annually over...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113656","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tza","jetpack-related-posts":[{"id":113985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/newer-hdb-flats-reach-record-sales-in-2019\/","url_meta":{"origin":113656,"position":0},"title":"Newer HDB flats reach record sales in 2019","date":"January 31, 2020","format":false,"excerpt":"\r A lot of home owners lately have been selling off their Housing Board flats once they reach the minimum occupancy mark, reported The Straits Times. Sales of HDB flats that are less than 10 years old recorded a nine-year high in 2019, as 4,578 units were moved. This was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-bto-flats-sold-within-a-year-of-reaching-mop-doubles-from-2016-to-2020\/","url_meta":{"origin":113656,"position":1},"title":"More BTO flats sold within a year of reaching MOP, doubles from 2016 to 2020","date":"September 21, 2021","format":false,"excerpt":"\r 13.4% of\u00a0BTO flats which reached their MOP were sold within a year, up from 6.5% in 2016. The Housing and Development Board\u2019s (HDB) statistics showed that the proportion of Build-to-Order (BTO) flats that were sold within one year of achieving their Minimum Occupation Period (MOP) has doubled from 2016\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/HDB-EIP.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/218-hdb-flats-were-sold-before-mop-in-2015\/","url_meta":{"origin":113656,"position":2},"title":"218 HDB flats were sold before MOP in 2015","date":"March 14, 2016","format":false,"excerpt":"\r Flat owners facing hardships can seek HDB\u2019s approval to sell their units before the five-year MOP. (Photo: Nikki De Guzman) The Housing and Development Board (HDB) allowed 218 flats to be sold last year, even though the owners did not fulfill the required minimum occupation period (MOP) of five\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95053,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-resale-prices-rise-for-the-first-time-in-nine-quarters\/","url_meta":{"origin":113656,"position":3},"title":"HDB resale prices rise for the first time in nine quarters","date":"July 30, 2018","format":false,"excerpt":"\r The latest round of property curbs is expected to make buyers turn to the HDB resale market, where properties are cheaper. 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