4 Answers

askguru expert
Hi there, thanks for writing to us on AskGuru.

Yes, you may buy a resale HDB flat in such a scenario.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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Aaron Chong
Hi, nope I’m afraid you would need to dispose off the overseas property should you decide to purchase a HDB flat.

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

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Ng Teck Chuan
Hi there,

That could be possible, you might want to try the Intent to Buy and drop HDB an email to confirm.

Feel free to contact me for further discussion.

Cheers,
Teck Chuan, Ng
BBA (Finance), NUS
Marketing Director
ERA Realty Network Pte Ltd
Mobile: 91374602 Read More

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Ling CK
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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