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Hi there!
You are correct, without a will, it will be divided among you and your siblings. Fortunately, with a will, it can be specified how the interest in the flat will be distributed (e.g. 100% to you).
Happy to chat & give you more info. Feel free to reach me at 90088123  .

Elizabeth Mok
HP: 90088123  Read More

Dear sir/mdm,

For transfer of names to your mother, it has to be approved by HDB and also whatever funds you have utilised through CPF for this property needs to be refunded to your CPF account including of the accrued interest. Once you have cleared the above 2, yes, you can have a will drafted to indicate that the property will be left to you or alternative arrangements.

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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.

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Hi

Yes your mother can prepare a will once your share of property is being transferred to her. However a bigger hindrance that I can anticipate is the process of withdrawing your name to the house. Your mom will need to refund you CPF principal+accrued interest on the CPF that you have used for the flat. I am specialised in HDB transactions. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
Marketing Director
ERA Realty Network Pte Ltd
CEA Reg No: R061607B
Contact No: 93375051  Read More