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Hi, I am new citizen exceed 35 year old. I do not have property in oversea. But my spouse, she has property in her hometown somewhere in Malaysia. I would like to purchase HDB here, does it mean she need to dispose her property in Malaysia? Is that anyway I can buy HDB on my own and she does not need to dispose her property in Malaysia. Kindly advice ? Thank you.
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2 Answers

Hi,

The regulation stated even an occupier for non-subsidized flat must not has any interest in any private property local & overseas, unless you have completed MOP for the flat.

In other word, if you have bought a flat 5 years ago (MOP completed), now wanted to list your spouse as occupier, then she will not need to dispose her private property.

If she does not want to dispose her private property, the only choice you have is to buy private property.

Hope the above answer to 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

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Robbie Chen Chee Howe
Hi Sir,

Congrats on attaining Citizenship status!

If you're looking to purchase a HDB flat as your first matrimonial home in Singapore, your wife will have to dispose off all interest in overseas residential properties as well. Unless you wife has very valid reasons, she can try to appeal to HDB on this matter. Approval is on a case-by-case basis.

Alternatively, you can consider a private property instead. There will be no such restrictions, and she will be free to keep all her overseas properties. You will also not be liable for ABSD as this will be your first matrimonial home.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
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