AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hi Gurus,I have a private unit with my wife (SPR) at Singapore with outstanding loan around 200K$, the new regulation stop us to buy HDB resale unit, Can we transfer the private unit to my parent-in-law whom are LTSV holders (Parent in law are stay with us at Singapore, 65 years old), and then make us eligible to buy HDB unit? To pay installment on both units are affordable for us. Thanks advance.
0 •
676 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Grace Tan
Replied
Hi Lewis,

If affordability is not an issue, your proposal is workable.

But HDB has many rules and regulations that may have other implications on your intended purchase.

You may want to contact me for a non-obligatory assistance.

Best Regards,
Grace Tan
Huttons Asia Pte Ltd
Mobile: 9846-0003 
Email: grace1616@gmail.com
CEA Reg No. R007092D Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions