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Hi, I currently own a small private property. I just got married and am looking at finding a big resale unit with my husband. Who can I talk to if I have more questions of the transfer of ownership of my property to another family member?
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6 Answers

Hi,

They must be financially equipped to refund the cpf utilized by you and to take over or redeem the loan of the property. Stamp duties are payable as well. My law firm partners will be able to share more on the best approach.

If thats not the best option, you have to sell the property. 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.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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(Client's Testimonials)

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him. Read More
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Hi,

In this case we need to measure the financial status of the memeber to be transferred and assess the feasibility. Otherwise , selling is an option. Either ways , In such transactions, it it essential you look into engaging an agent whom skills and knowledge you are confident in and whose working style you are comfortable with. Perhaps we could meet for an in obligatory discuss for me to shed some insights on the market , provide some recent transaction caveats and sales / purchase report for your understanding , share more on the marketing strategies and techniques for your unit as well as compute your financial sums and establish your financial timeline. All these aspects would give you a fundamental understanding of the transaction. I have transacted many of such deals with my clients and the most high profile one was when I sold a EM at a record price in Bishan which was published in the Chinese Newspaper (article available upon request). I have been an agent for years and am one of ERA Top Achievers till date and hope to value add your portfolio as I have for hundreds of my clients over time, of which testimonials can be seen on my website.

Hope to hear from you ! Do view my awards , accolades and testimonials @ www.kumarrai.com . Thank you!

D Kumar
ERA Assistant Division Director
 +65 96659926 
ERA TOP ACHIEVERS 2014-2016
ERA MULTI MILLION CLUB
ERA ASIA PACIFIC WINNER 2014-2016 Read More
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Dear Mdm,

You can talk to a conveyancing lawyer to understand further the process of transferring a property to your family member. Its a straight forward process provided that your family member will be able to financially purchase the property.

Please feel free to contact me so that I can direct you to the lawyers that I usually worked with for a non-obligatory discussion!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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YT Tan (陈永达)
Good morning,

You can speak to my legal conveyancing manager about your questions.

By the way do take note that your family member must be able to take over your loan or any CPF OA funds utilised by you and they will have to bear stamp duties (including additional buyer's stamp if they are owning another property right now).

Hope my explanation helps!

May I know how can I value add further in your property needs?

- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

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http://bit.ly/yt_proptrack Read More
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Good morning,

For conveyancing matters, it would be good to speak to a conveyancing lawyer. There are certain issues that you need to consider when doing a transfer of property, ie: SSD payable, the ownership status of the family member whom you are transferring your property to, etc.

Do feel free to contact me for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Robbie Chen Chee Howe
Hi Ms,

You can contact me on your questions regarding transfer of ownership of properties.

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 
PropNex Realty Read More
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