Hi,
1) This is one of the most common hearsay information spread across the island.
2) HDB only has restrictions on local/overseas RESIDENTIAL property, not any others.
https://www.hdb.gov.sg/cs/infoweb/e-resale/resale-purchase-of-an-hdb-resale-flat
Under 29.5 (a) & (c) clearly written "residential" property.
3) Therefore, you are safe to go ahead with your purchase, and you are not required to dispose of this overseas commercial property upon purchase.
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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