I understand you'd like to downgrade your condo to a fully-paid HDB flat to save on costs while prioritizing your wife's health and your son's education. Here's some guidance regarding the 15-month wait-out period for condo downgrades:
Current Situation:
You and your wife (aged 50) own a condo.
Your wife is recovering from illness and doesn't work.
Your son is finishing PSLE this year.
Challenges:
15-Month Wait-Out: Singapore currently has a 15-month wait-out period for condo owners selling their property and applying for an HDB resale flat.
Possible Solutions:
Wait Out the 15 Months: This might be the most straightforward option, but it could delay your plans.
Explore Eligibility Exceptions: HDB might waive the wait-out period under specific circumstances. Here are some possibilities, although they aren't guaranteed:
Hardship Grounds: These grounds can include medical conditions that significantly impact your family's well-being. You'd need to provide strong documentation from your wife's doctor.
Upgrading from a Smaller Flat: This exception doesn't apply in your case since you're downgrading from a condo.
Pre-Planning Steps:
Gather Documentation: Prepare documents like your wife's medical records and proof of income (if any).
Contact HDB: Reach out to HDB directly and explain your situation. They can provide the most accurate and up-to-date information on your eligibility for an appeal.
WhatsApp me at: ABLE Toh >>9856 9255 or through this link.:https://wa.me/6598569255
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WhatsApp me at: ABLE Toh >>9856 9255 or through this link.:https://wa.me/6598569255
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(***) You can check out my reviews here:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
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Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT :)
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
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