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Hi Ms. Yong,

Its unlikely HDB will approve the transfer since there's no eligible scheme that your mum will qualify for to keep the house on her sole name. Also, she must be able to finance the house on her own name, which typically is difficult if she's not employed at the moment. 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

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Hi,

I'm not sure what reasons you have, but it is quite unlikely HDB will approve your request.

Even if in the unlikely case HDB approve your request, the rule states that the owner need not be a borrower, but the borrower must be the owner. Your mother will need to be able to borrow the entire loan amount for her to be able to take over your share.

May I know the objectives behind this?

Please contact me at my mobile 9748 6305  . I will be happy to assist.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More