Hi,
1) You may check out all details laid by HDB below:
https://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/changing-owners-occupiers/change-in-ownership/change-in-flat-ownership
2) The fact is most of the transfer we are talking about is not a real transfer, but a buy & sale process. You may read below for more understanding on a transfer:
https://www.linkedin.com/pulse/transfer-ownership-chee-kwong-ling/?trackingId=AXJlgwIuRKmm8cM4pgL%2F6Q%3D%3D
3) A gift is an item that paid for solely by cash. Thus if your HDB is fully paid by cash, you can transfer it over as a gift. She will not need to pay BSD as there is no buy & sales involved.
4) I assume part of your HDB is paid by CPF, she will have to pay back your CPF used + accrued interest. When there is money (consideration), meaning this is a buy-sales process.
5) You may sell below valuation (market rate), but you cannot apply for a CPF interest waiver in this case.
6) HDB may not approve this transaction if suspects there is foul play. You will have to explain clearly why you are doing it.
7) BSD will charge according to the market rate and not the selling price in this case.
8) She may utilize her CPF for stamp duty if there are sufficient funds.
9) You will only need HDB assistance in this "transfer". Pls use the link provided in (1) to process your "transfer".
Good luck!!!
Hope the above answer to 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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