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Hi,

Its not so straightforward as you need to apply to HDB to request change of ownership and reasons for doing so. If appeal successful, your spouse has to refund the CPF utilized + accrued interest that you have used for the property, as well as paying the relevant buyer stamp duties. If she needs to take a loan to finance property you also need to get an indication for the bank / hdb loan attainable. If your intent is to get a private property, if the MOP is met, you can try to buy under your spouse's name instead. To get home loan for her you can also consider to do pledging of financial assets or show funds method. I am contactable at 97432395  for further discussion.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

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Ivan Ng Realtor
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Hi,

I am afraid that this is no possible. May I know what's your reason for doing so? Perhaps you can share more, so that I can propose an alternative solution?

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 +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

Such a move is quite unlikely to materialise, and even if it does, you will also need to ensure that the spouse who is taking over has the necessary finances to fund this HDB, from securing the right amount of loan to refunding the CPF that you have utilised in the purchase of this HDB plus the accrued interest.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

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Geryl Lim
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Hi, appreciate your sharing. Have to check with HDB branch officer, provided your wife has been working and enough funds to purchase over from you.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Hi,

1) I'm afraid it is not that simple to do just a switch.
2) The CPF board, HDB, and legal have to be involved in order to do a switch. This is assuming the HDB agreed to your request.
3) Unless you have strong and valid reasons why you cannot be an owner anymore, and both of you cannot be owners together as well.
4) You may submit your appeal to the HDB with your reasons and supporting documents.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, 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 Read More