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Hi everyone,

I'm hoping someone could help me out with the following - I'm listed as a co-owner on my parents' HDB flat. I am servicing the mortgage (HDB loan) using my CPF.

I would like to remove myself as a co-owner, as I'm interested in purchasing my own private condo downtown.

What do I need to do? I've been reading the HDB, IRAS and CPF websites and it does seem that this is a difficult and complex undertaking.

Thanks so much.


Sincerely
C.
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5 Answers

Hi Mr. Ang,

Please give me a call at 97432395  so I can understand your objectives and requirements further. Thanks and hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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you can remove your name from HDB but there is some financial implications.

To advise you further I need to understand better on your current situation.

Feel free to call for further discussion.

Warmest regards
Belinda Zhao
Senior Marketing Manager
CEA Reg No. : R051311G
Huttons Asia Pte Ltd
Mobile: (65) 9628 0661 
Email: belindazhao1@gmail.com
Property Listings :http://www.findnewlaunchsg.com/ Read More
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Hi Mr Ang,
Please contact the relevant authority, HDB directly. The officer will inform you the procedure and financial aspect.
Once the ownership is transferred, you can buy another property and save on the ABSD. Do call/email me for a non-obligatory discussion for your next purchase.
Best regards,
KC, Propnex
 93690054 
kc_wong@live.com.sg Read More
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Evening,

You will likely be going through a partial sales of the unit to your parents. Valuation need to be done and your parents need to be financially capable of getting mortgage loan to buy over your share of the unit, along with the CPF that you have contributed to the unit. Once this is done, you can work out on the transfer documents with HDB.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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GAN ENG JOO ONASSIS
Hi Mr Ang,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents and walk you through the entire process.

Tell us more about your requirements and locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

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