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Hi, I currently co-own a condo apartment with my relative. If I were to transfer my co-ownership to another relative, does it make me eligible to buy a resale hdb immediately? Or do I still have to wait 30 months before I become eligible?
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5 Answers

Hi,

For resale hdb purchase from open market, there is no need to wait out 30 months after transferring the co-ownership of the condo. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

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Hi

If you are buying a resale, you may proceed to buy.

To have a better understanding of the rules, you may want to text or call 9620 0827  .

Gavin Read More
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Jared Sim Kai Xiang
Hello,

In a nutshell reply to you, the answers are:

1) Yes. You may proceed to purchase a resale HDB immediately after transferring your co-ownership to your relative.

2) What is the concern to be highlighted to you is that there are some costs involved in the transfer of your ownership and these factors are definitely something you have to know before proceeding with your next step.

We can work out a plan together with you to help you facilitate the whole transfer as well as purchase of your resale HDB.

Do give me a Call / WhatsApp text at +65 9385 8685  so that we can get in touch with more details!

[Do note that any of your response would not be reflected in any form of notification to us. I would suggest contacting us directly for a prompt response!!] Read More
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Robbie Chen Chee Howe
Hi,

There is no requirement for you to wait out 30 months if you're planning to purchase a resale HDB flat.

In fact, if you have the ready funds, you can even purchase the HDB flat before you transfer out the shares of you condo. The latest you can transfer out your shares of the condo will be 6 months from the HDB flat purchase.

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 in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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YT Tan (陈永达)
Good evening,

in fact you are eligible to purchase a resale HDB right now without the need to observe a waiting period of 30 months (applicable to purchase a BTO or new EC).

Having said so, you will have to dispose off your interest in the private property within 6 months from resale HDB purchase completion date.

Be mindful that your relative must be financially capable to take over your ownership for this plan to work.

Hope my sharing aids in clearing your doubts.

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