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HI, i am single SC below 35, my mother has LTVP, my father do not have LTVP, he own property in Malaysia, Will my father need to sell Malaysia Property after buying resale HDB? may i dont put my father name?
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1 Answer

YT Tan (陈永达)
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Good evening Jane,

You can purchase a resale HDB with your parents as one of them has a LTVP as of now.

If you decide to list your father in the purchase, he will have to dispose off his interest in overseas property within 6 months from completion date.

Reference from HDB website below:
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyResaleFlatNonCitizenFamilyScheme?OpenDocument

If you need any assistance in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More
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