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Hi,

Yes, you can add his name in provided he has met his 5-year MOP for his HDB flat.

Do take note that stamp duties are payable on the shares that is transferred to him. As he already owns a HDB, if he's a Singapore, 12% ABSD on the shares transferred will be payable.

If your private property is purchased less than 3 years ago, SSD will also be applicable.

If the private property is still under loan, LTV may be affected if his HDB is also under loan.

May I know what's your reason for transferring the property to him?

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.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, yes it is possible.

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