AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I am PR and I am looking for a 5rm HDB. But I just found out that I cant buy a HDB because I have a house in my home country which my parents are staying. Adding to the problem, my wife also own a property inherited from her parents. Must we sell both properties in order to purchase a HDB here? Pls advice.
0 •
820 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Adeline Koh 高慧珍
Replied
Hi,
Yes or either way, tranfer the property's name to another party.

Regards
Adeline from OrangeTee Read More
0
Upvote Upvoted
YT Tan (陈永达)
Replied
Hi there,

As long as both overseas properties are not under both of your names after 6 months from the purchase completion date of resale flat, it will be totally fine.

Hope I have clarified your doubt.

Warmest Regards,
YT Tan
ECG Property
Mobie: 9111 5171 
Email: yt.lovelyhomes@gmail.com Read More
0
Upvote Upvoted
J.A. Goh 吴永益
Replied
Hi Concern,

Yes, you are required to sell your overseas property if you buy a HDB.

Suggest you look into private condo.

Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions. Alternatively, we can also meet up to discuss
at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions