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Hi,

Its possible but any transfer of ownership requires hdb approval. If successful, the cpf you have utilized for the property needs to be refunded to you by the remaining owners. Thanks and may I have more info so to make better recommendations? Look forward to value-add to your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude

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Hi buyer,

Yes you may, but subject to HDB approval; upon approval, your parents would have to pay back what you have contributed from your CPF, and possibly pay BSD for your share as well.

Feel free to contact me should you have further enquiries.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Evening,

If your have utilized CPF funds for the payment of the unit, your parents will need to prepare funds to repay that component, inclusive of interest. Hence your parents need to work on their financial status before you proceed to execute the plan.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

Before you take out your name, pls check your parent finance capabilities to fill up your loan portion if any. You are eligible to buy a condo as long as you have the sufficient fund (Cash and CPF) on hand.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com
In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | SG Professional l SGRealtor.com & SGAgent.com

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" Engage 1 & Get More than 800 Agents from the #1 TEAM in ERA to Serve You!” Read More

Good morning,

Nowadays it will not be easy to withdraw your ownership from HDB unless you have valid reasons for doing so. You might want to approach your HDB branch office to make the request.

By the way do take note that if HDB approves the withdrawal, your parents must be financially capable to take over your share of ownership.

I have assisted clients to resolve such situations before, will you be keen to know more?

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Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

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