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Asked by lewis 2 Jan 2011

Hi Gurus,I have a private unit with my wife (SPR) at Singapore with outstanding loan around 200K$, the new regulation stop us to buy HDB resale unit, Can we transfer the private unit to my parent-in-law whom are LTSV holders (Parent in law are stay with us at Singapore, 65 years old), and then make us eligible to buy HDB unit? To pay installment on both units are affordable for us. Thanks advance.

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Grace Tan · Answer 1 · 2011-01-17T08:58:16+08:00

Grace Tan

Replied 17 Jan 2011

Hi Lewis,

If affordability is not an issue, your proposal is workable.

But HDB has many rules and regulations that may have other implications on your intended purchase.

You may want to contact me for a non-obligatory assistance.

Best Regards,
Grace Tan
Huttons Asia Pte Ltd
Mobile: 9846-0003
Email: grace1616@gmail.com
CEA Reg No. R007092D Read More

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LL

lewis

Replied 20 Jan 2011

Grace, thank you for the reply

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