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Firstly, I'm sorry for your loss. In regards to your question, as there was no will, the property of your late dad would have been distributed according to Singapore's Intestate Succession Act. As your mother is the surviving spouse, she is entitled to the entire property.

If your mother agrees to sell the flat to you, you can use your CPF Ordinary Account (OA) savings to pay for the purchase. However, there are some restrictions to be aware of. For instance, the remaining lease of the flat must be sufficient to cover the youngest buyer up to the age of 95. You can use up to 100% of your CPF OA savings to pay for the flat, subject to the Valuation Limit and Withdrawal Limit.

To transfer the purchase price to your mother, you will need to make a cash payment to her. She can then top up the proceeds into her CPF account.

You should also consult HDB or real estate agent to understand the legal implications and requirements of buying the HDB flat with your mother as a joint owner. They can guide you through the process and advise you on any additional steps that need to be taken. Read More

Dear sir/mdm,

Are you a Singapore Citizen? Your mum will not be eligible to be a co-owner to another HDB flat as each individual can only own 1 HDB unit. You may consider purchasing the HDB as a single if you are not married. Alternatively, you may buy over the property from your mum since she is now the sole owner.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
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Hi,

1) Since there is no will, by right all estate shall be distribute to the beneficiary via intestate Succession Act.
2) If the current flat was not joint-owned by your dad and mum, it should be distributed accordingly to the intestate Succession act.
3) Since you state that your dad had left the flat to your mum, I would presumed it was jointly owned by your parents under Joint-tenancy, which is the survivor-takes-all.
4) Your mum now is the sole owner of the flat, so as long as she agreed to it. You can buy over certain shares from her not necessary to be 50/50.
5) You and your mum have the option either to hold the flat under joint-tenancy or Tenancy-In-Common.
6) Joint-Tenancy would 50/50 (equal share by all owners) and the principal of survivor-takes-all shall applied. The disdvantage of such is you have to ensure you have the financial capacity to take up the 50% share.
7) Tenancy-In-Common could be X/Y (share amount can be vary as long as X+Y = 100%). Each owner can leave a will to decide who will benefit it once passed on.
The advantage is you can buy the amount of share you could afford.
8) Your mum will receive the sale proceeds in term of cashier order since I believed she already passed 65 yrs old.
9) You may approach your HDB branch office for assistance on the procedures on how you could buy over part-share from your mum.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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