5 Answers

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, you would need to dispose off your overseas property in this case.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi,

1) Since you brought up this question means that you are already aware that the HDB does not allow owners and essential occupiers to own any private residential property both local and overseas.
2) Even though your wife is the only owner but since you are married, you will automatically be the essential occupier when you buy an HDB flat.
3) Therefore you will still need to sell your foreign property within 6 months upon key collection of the new purchase.
4) The HDb will let you sign an undertaking letter on the completion day to ensure you promise to sell your foreign property within 6 months.
5) Once you did, you will have to provide all relevant documents to show the HDB to close the case.

Hope the above answer your main concerns, but if there are more query, 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
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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1
Appreciate your sharing, you are able to get resale HDB anytime provided both of you have passed 3 years after getting your own NRIC. In the event you got the key for your resale HDB, you have 6 months to sell away your oversea property.
Welcome any questions at 9696 4398  via phone or WhatsApp. Email is Stewartlim96964398@gmail.com
Cheers
Stewart-PropNex Read More
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Robbie Chen Chee Howe
Hi Sir,

Yes, you can purchase a bigger HDB flat for your own stay if you had met the 5-year MOP of your current HDB flat.

However, no matter how the purchase was made, even if the flat is under her sole name, you as the essential occupier will need to dispose off your overseas property latest within 6 months upon the HDB flat purchase.

The only way which you can avoid having to sell your overseas property, is to purchase a private property in Singapore instead of a HDB flat.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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
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Hi,

As either the owner or occupier, HDB requires you to sell off or transfer the foreign property away from your name so to be eligible to purchase the resale HDB. If you wish to keep the overseas property the only way is to either transfer to another family member or to purchase private property in Singapore.

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 Realtor
ERA Senior Marketing Director
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