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hi gurus.. me and wife are currently co owner of our current flat we would like to withdraw our ownership however in law unable to to return $37k by cash or cpf OA is it possible that my wife wave of the return n give away her share to her parent? so that we can withdraw our name and be 1st time applicant to buy resale flat.
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2 Answers

Bala S OrangeTee
Replied
Hi,

Please feel free to contact me @ 92977650 

Thanks,
Bala.S
 92977650 
bala@orangetee.com Read More
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Ling CK
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Hi,

(1) First of all, since you are co-owner of current flat. Your application to HDB will listed as 2nd owner instead of 1st & subject to resale levy.

(2) To buy resale flat has nothing to do whether you have own any subsidized flat before, as long as you stop all ownership of another HDB flat within 6 mths upon completion of transactions of possessing a flat.

(3) Your post did not reveal how was the $37K came from, it is very difficult to answer this portion.

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 Read More
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