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Good morning,

Sorry to inform you that if you are below 55 years old, you have to dispose off your oversaes private property and observe 15 months waiting period first before you are eligible to buy a resale flat. Assuming both of you are SPR for at least 3 years individually.

You will have to do declaration of such information in resale application submission.

Do refer to the link below under the heading "Ownership/ interest in property in Singapore or overseas other than HDB flat":
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/couples-and-families

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
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Good morning,

SPR owning overseas property will be ineligible to purchase a resale HDB, unless they dispose the property and wait out for 15 months period, or if they are aged 55years and above, they may purchase a resale 4room flat or smaller and dispose the foreign property.

As with all purchases of HDB, purchasers will need to declare that they do not own any private residential properties, thus are you open to take a chance to be found out and risk having your HDB repossess?

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

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Warmest regards,
Geryl Lim
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Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
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Hi,

HDB would require individual buyer to declare and if you are caught to have been falsely declaring, then you risk the flat being repossessed by the HDB so what’s the point?

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi, appreciate your sharing. It is base on honestly to declare during HDB resalenet.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

(PART 1 OF 2)
My answer with regards to your Question :

Singapore Permanent Residents (SPRs) are generally allowed to buy HDB resale flats, but there are certain conditions to be met. One of these conditions is that SPRs must not own any other residential property in Singapore or overseas at the time of the resale flat application.
To verify ownership of overseas properties, HDB may conduct checks through various means, including cross-referencing information with relevant authorities. It's important to provide accurate information during the application process, as withholding or providing false information could lead to penalties.

I'm Happy to Help with No obligations ! If you have any more questions or need assistance,FEEL GOOD to let me know. I'm here for You ! Cheers :)
Able Toh, Singapore Mobile :( +65) 9856 9255 

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(PART 2 OF 2)

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