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Hi Wee Khang,

If you give up your PR status, then you will need to sell your HDB flat as you will not be eligible to own it anymore.

Maybe what I can suggest is you can contact me and I can advise you over the phone as it is easier to explain certain things.

Looking forward to hear from you soon! Cheers!

Best Regards,

Jeffrey Heng
Senior Associate District Director (Sincerus Division)
NAVIS Living Group - A group in OrangeTee that believes in Technology, Training & Teamwork (3Ts)

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Hi Wee Khang,

Yes once you relinquish your SPR status or did not renew it, you are required to sell off the HDB as you are no longer eligible to keep it. HDB will require you to sell on the open market, usually within a stipulated time period. As such, it may be better to market the unit first before giving up the SPR status. I have worked with Filipino clients with similar scenarios and would be happy to advise the best approach based on your requirements.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

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When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

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Hi WeeKhang,

you will have to dispose off your HDB if you decide to give up your SPR status.

Duration to sell and other conditions will be based on HDB's discretion.

Care to share more about your situation and intention so I will be in a better position to advise further.

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Hi Wee Khang

As per what my fellow associates stated.

You may write to gavin.ng@orangetee.com or call 9620 0827  for more information.

Gavin Read More

Dear Mr Chong,

When you give up your PR status, you will no longer be eligible to hold on to a HDB flat. HDB will give you a grace period to dispose off your unit but it will be advisable to start early.

I have assisted clients in a similar situation as yourself before. I am currently also assisting a chinese SPR couple who are giving up on their SPR status to sell their HDB.

Please feel free to contact me so that I can assist you to liaise with HDB and also plan out the timeline for the disposal.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
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“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”

Peter & Wendy (Property Seller)

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.”
Mr & Mrs Wong (Property Seller)

“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)

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Susana (Buyer) Read More

Hi WeeKhang,

Yes, you are not eligible to hold onto a HDB flat should you relinquish your PR status. You will be required to sell it off in the open market.

My advice to you would be, to sell off the HDB flat first, before you proceed to relinquish your PR status.

I have recently helped an Indian PR sold off their HDB flat which was met with Ethnic quota issues. Thankfully, we managed to find the right buyer for him, and we are now awaiting HDB completion for him to get back his sales proceeds from the flat.

I will be able to assist you in the sale of your HDB flat too. As long as it's not faced with HDB ethnic quota issue, I believe your flat can be sold within your expected timeframe.

Should you need any 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