Asked by Kenzo
Hi, I am a Singaporean, I co-owned a HDB EA with my father for 15 years. In March 2013, my father transferred his name in the EA to my wife. The EA is fully paid up. My question is can my wife and/or me buys a private property next month? If we buy a private property, do we need to sell the EA or is there any penalty we need to pay?
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