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Dear sir/mdm,

You cannot simply change ownership of an HDB flat freely.

HDB treats ownership changes very strictly. There are only specific scenarios where owners can do a Change of Ownership (COO), such as:

* Divorce / Separation
* Marriage (adding spouse)
* Death of owner (transfer under inheritance)
* Medical reasons (e.g. owner physically unable to continue ownership)
* Financial hardship (case by case, subject to HDB approval)

In other words, parents cannot just “give” their HDB flat to you because they already got another BTO.

If Your Parents Want to Pass the Flat to You

They typically have two routes:

1. Resale to You

* You must be eligible to own an HDB flat (citizenship, age ≥ 21, family nucleus, etc.).
* They sell you the flat through the HDB resale process.
* You (as the buyer) must pay a fair market value — usually at least 100% of HDB’s assessed market value (not 80%).
* Buyer’s Stamp Duty (BSD) and legal fees apply.
* Any outstanding loan/CPF used by your parents will also need to be settled.

2. Transfer of Flat Ownership (COO)

* Only allowed if you meet HDB’s eligibility conditions.
* For example, if your parents are elderly and applying under the “Parent & Child” scheme, you may apply to take over ownership with HDB’s approval.
* Even then, you cannot simply take over for \$0 — CPF refund rules and stamp duties may still come in. Read More

Good day to you.

Transfer of ownership of an HDB unit applies to the sale of the property or the demise of the owner. Your parents are required to sell their current HDB within 6 months from key collection on the new unit so you might want to work the sums out with them, and submit your HFE letter for assessment when ready.

Navigating a property transaction can be complex, especially with major life events. As a seasoned property consultant with 15 years of experience, I provide informed guidance on complex property matters.

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For informed guidance along your property journey, you can schedule a free consultation to discuss your specific needs.

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Hi

Its either through Transfer of ownership or Sale at market value to you at market value. Both will require HDB approval before this can be done. You may wish to reach out to HDB branch on the feasibility of either method, and you also have to fulfill HDB eligibility conditions before you can be allowed to own an HDB.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
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-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

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We were fortunate to have met Ivan Ng. He was thorough in going through what the complicated home-selling process required of us and more so in understanding what we would like to achieve from the sale of our unit. His responsiveness and assurance, was a trait that we really appreciate. We managed to secure a sale that exceeded our expectation with Ivan’s advises. The offered price for our unit was a record set for the flats in the neighborhood. This was definitely supported by the fact that Ivan’s listing of our unit was detailed and stood out from other listings. Because of this, we also engaged Ivan's service to help us search and buy our new resale home. After some searches and viewings, we managed to secure one at a Read More

I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

I'm a Harvard graduated real estate agent with a degree in economics, and I have a decade of experience working on Singapore public policy. What you are describing needs to go through a few layers of planning as there are different policy considerations, tax considerations as well as future property considerations that will be triggered.

Happy to discuss your options if you need help.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

Hi, appreciate your sharing. Able to do a normal purchase of the unit.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

1. **HDB Ownership Transfer** – Happens when the property is sold or upon the owner’s demise.
2. **Sale Timeline** – Your parents must sell their current HDB within **6 months of key collection** for the new unit.
3. **Planning Step** – Coordinate finances with your parents and submit your **HFE application** for assessment when ready.
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QUOTE OF THE DAY " In negotiations, the most important thing is not to win or lose, but to find a solution that is mutually beneficial." Read More

Hi,

1) In Singapore, Property share can only give or transfer via legal:
(a) Transfer of share: Part or whole shares can be transfer to immediate family.
(i) If CPF funds is utilized in the purchasing of the flat. The fund used must be returned to the transferer with accrued interest.
(ii) Buyer Stamp duty: The receiver must pay stamp duty for the value of the share according to market rate.

(b) Gift: The property must be free from outstanding loan. 1(a) (i) & (ii) is applicable.

(c) Part-share purchase: The difference between this and 1(a) is the receiver must pay the transferer (seller) share according to the market value. 1(a)(ii) is applicable.

2) Before you buy, you must ensure you meet one of the HDB eligibility scheme and criteria.
3) You may buy under market value, but stamp duty will be calculated according to the market value. This implied, if the property is valued at $500k. The stamp duty will be
$9.6k. You will have to pay this amount regardless of how much you are paying your parents.

All The Best!!!

Hope the above answers 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
https://www.linkedin.com/in/ckling/
https://agents.huttonsgroup.com/R056727F/

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