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Hi, I am told by ICA that my PR will be cancelled when I come for REP renewal in Oct 2012, as I have been outside Singapore since May 2012 however this is purely an internal transfer from Singapore to India for 1 year assignment to set up the team back in India. I own an HDB here and I am also told that I will be forced to sell my HDB. If this is the procedure, then how long will I be given to sell the HDB and also is it true that I will be forced to sell the HDB below the valuation price that I bought for?
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2 Answers

Morning RH,

I have serviced clients with similar situation. If you unit is still under MOP, HDB will buy back your unit either at valuation or below valuation. If you have fulfilled your MOP, you have 6 months to sell away your unit, from the date your PR status have being cancelled.

Alternatively, since it's an job assignment by your company, get your HR to contact ICA and work things out with them. As long as your HR can furnish the necessary documents, it should increase your chances of PR renewal.

DO feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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