We are sorry to hear about your situation.
If you have children, HDB may allow you to retain the flat according to the court order, subject to HDB's eligibility conditions.
If you are allowed to do so, you are required to obtain a confirmation from the HDB and follow their procedures.
Your spouse will be required to pay any outstanding stamp duties, fire insurance premium, late payment charges, or bill charges and so on before the transfer can take place.
Whatever CPF amount used with accrued interest will be paid to your former spouse. You will need to ask your spouse to log in to his CPF account to check the total amount to be refunded.
You may read more about it via HDB's link here: https://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/changing-owners-occupiers/change-in-ownership/transfer-of-flat-ownership/guide-on-transfer
You may find our guide her useful: https://www.propertyguru.com.sg/property-guides/divorce-in-singapore-property-29901
Hope this answers your question.
Team PropertyGuru Read More
Sorry to hear about your current predicament. Like you have mentioned, the most direct method to hold the property will be to reach 35v years of age. If you haven’t then the next method will be to form a family nucleus.
If you have a child with you and you have the custody of the child, you can form a family nucleus and hold the house. Alternatively you can form a nucleus with your parents too if they do not own any HDBs themselves.
If you have anymore questions, please feel free to contact me and I can explain more to you also. Looking forward to hear from you soon! Cheers!
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Sorry to hear about your situation. Under the current HDB ruling, you will not be eligible to hold on to the HDB as you are under the age of 35. You may try to appeal to HDB and provide some justifications to see whether HDB is able to give a waiver.
Alternatively, you may seek HDB's permission to sell the unit in the open market and use the sales proceeds to buy a private condo or a resale flat when you are eligible.
I have assisted many clients in the same situation and will be happy to guide and assist you further. Please feel free to contact me so that I can understand your situation better and assist you further.
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I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
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“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
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“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
Sorry to hear about your situation.
According to HDB rules, you will not be eligible to "buy over" the flat, unless you are able to form a valid family nucleus.
However, you may wish to appeal to HDB, citing reasons why you should allowed to hold onto the flat. Approval will be on a case-by-case basis. Do let me know should you require assistance in your appeal.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.
PropNex Realty Read More
You may purchase your husband share if you have a child under your legal custody, care and control and form a family nucleus with him. Do contact me at 93375051 for a free and non obligatory discussions on this.
ERA Realty Network Pte Ltd Read More