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Hi, got a question here, my parents have 2 properties, 1 hdb flat, another hdb shophouse 2 levels, 1st level commercial, 2nd level residential. All bought before 1983, can i buy a private property and inherit both my parents hdb properties in future?
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7 Answers

Hi Zheyuan!
Thanks your for query!
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D Kumar
 +65 96659926 
ERA Associate Division Director

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Hi Zheyuan, you may contact me at 90908366  to discuss further and plan on your future purchase. Base on the above info, you will not likely have any isuue in inheriting them. But to keep the non subsidized HDB flat bought in 1983, you will have to meet prevailing eligibility conditions (i.e. family nucleus and citizenship), and you and your family will also have to live in the HDB flat. Read More
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Hi Liu Zheyuan

Suggest you get advise from a law firm (that specializes in property transaction)

The law firm would also advise you is buyer/seller stamp duty matters and any other variations (if any / if applicable) in holding additional or inherited properties

Ravin KNIGHT FRANK
Hp 9798-5917  Read More
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Hi Mr. Liu,

I guess your question is mainly concern whether you are able to keep the properties and use for passive income from rentatl.
However, rules and regulations have been constant update, those happened in the past cannot stay unchanged today. All new rules and regulation supersedes the old.

You have 2 choices:
(1) Keep the HDB and sell off your private property
(2) Sell off your private property and keep the HDB properties, and must fulfill HDB rules of eligibility.

Hope the above answer to 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

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Robbie Chen Chee Howe
Hi Zheyuan,

You will be able to inherit your parents properties in the unfortunate circumstance.

However, you will have the option to dispose off interest in either the inherited HDB flat or the private property that you purchased.

For the HDB shophouse, as the title is a commercial title, you should be able to keep it without the need to dispose off.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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