Asked by
Hi, would like to seek for advice from those who have been through these circumstances.Me and my partner are both SPR here in Singapore. Understand that to purchase a resale HDB here, we would need to be married and have been SPR for at least 3 years. However, one of us currently owned a property in Malaysia.

Hence,
1) Would like to understand on how can we proceed in buying a resale HDB here in Singapore under these circumstances as i understand that we are not suppose to owned any private property prior to buying a resale property.

2) Does transferring the Malaysia property ownership to any party be sufficient to qualify for the resale purchase? And if yes, is there a cooling period we have to do that prior to buying? (i.e 6 months).

Thank you in advance.:D
0
154 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

6 Answers

Hi,
Yes if both u and your partner are SPR and have been SPR for more than 3 years you are eligible to buy a resale HDB if you are married couple.
As for Question 1,yes you have to dispose the Malaysia property first.
Question 2, u can do a transfer Completion,as long as u do it before the completion of the HDB.

Hope I answer your question and if you have further enquiry on how to proceed and what to buy and Budget and which worth looking,I shall assist you further on that.

Hope to hear from you and stay safe. Have a great day!

Karen Tan
 97467890 
PropNex Realty Pte Ltd Read More
0
Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, yes you could transfer the ownership of the overseas property to your sibling or relative upon purchasing a HDB flat.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi, appreciate your sharing. Due to the process and plan, I am willy to share over whatsapp or email. Stewart-PropNex 9696 4398  Read More
0
Hi

First, we would like to know the purpose of holding your property in Malaysia in order to be able to help.

We have help a number of SPR/SPR to buy HDB flat.

You may text 9620 0827  for a casual chat.

Gavin Read More
0
Robbie Chen Chee Howe
Hi,

If your property in Malaysia is for your own family's use and not for investment or rental use, we could write in to HDB to apply for a waiver.

If your overseas property is for investment purpose, you will be required to sign an undertaking to dispose off the overseas properties latest 6 months upon the HDB flat purchase.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you on your property plans.

Should you need require 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
0
OHMYHOME PTE LTD
Greetings from Ohmyhome!.

We are able to assist you on this matter.

For more information, kindly contact us at 68869009  or WhatsApp us at 97551009  .

Richmond Chia
Senior Advisor
Ohmyhome Pte Ltd Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions