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Hi
I am PR and my husband is going to get sg Citizen soon (got approved and now on processiong)
My husband has overseas property and going to dispose soon.
Can we loan from HDB to buy HDB?
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3 Answers

Hi,
Yes, once he is a citizen, you can buy a resale HDB. Please contact me directly so that I can assist you.
Cheers!

Elan Govan
MABA (Lancaster)
Huttons Asia P. L.
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More
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Robbie Chen Chee Howe
Hi Mdm,

Congrats on your Husband attaining his Citizenship!

Both of you can purchase a HDB resale flat, but will have to take a bank loan for it. You are not eligible for HDB loan, as he currently owns a private property. You will only be eligible for a HDB loan 30 months after he disposed the overseas property.

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,

1) Congratulation to your hubby on the new citizenship!
2) Upon receiving citizenship, both of you can now buy an HDB flat without incurring ABSD.
3) Unfortunately due to his overseas property, you are not able to apply for grants and HDB loans.
4) If you wished to enjoy the benefit on (3), he will have to wait out for 30 months after selling the overseas property.
5) This rule is also applicable to existing citizens and not particularly to new citizens.
6) If you intend to buy an HDB flat upon receiving his citizenship, you can only get a loan from a private bank.

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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