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Hi Sir,

If you wish to utilise your CPF-OA to pay for the property, you will need to be a co-owner of the flat. You may wish to approach HDB Branch Office to add your name into the flat.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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

Hi,

You will need to add in your name as co-owner before you can use CPF OA to pay for the resale HDB. You will have to approach the hdb branch to do the necessary. Do note you will have to sell away existing properties within 6 months after doing the addition.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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Good afternoon Sir,

your name need to be included to form a family nucleus with your wife in the resale HDB purchase, minimum as essential occupier. But if you wish to use your CPF, you have to be a co-owner to do so.

Care to share about your concern or intention in your move so I will be in a better position to advise or assist further.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

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Hi,

1) You will need to be a co-owner in order to assist in the monthly mortgage. Implied that your wife will have to part some shares of the property to you in the process.
2) Under a private property arrangement, this is considered a part-sale exercise. Buyer stamp duty will be involved.
3) But maybe HDB has a different approach on this under Change in Flat Ownership (Not through a sale):
https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/changing-owners-occupiers/change-in-ownership/change-in-flat-ownership
4) If it is due to the process and fees were not listed out in an explicit way, then this change in flat ownership should be the same as the private property process.
5) You will incur legal fees, stamp duty, and apply for a loan in the whole process.
6) I would suggest you take a look at the link provided on (3) and follow the processes.

Hope the above answer your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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