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Hi ,

I have a HDB bought under tenancy in common 50% to 50% which is fully paid $400000.

I am planning to sell it off as my parent wanted more cash flow .

Just want to clarify , can i buy over their share of $200000 using bank loan or must it be a full cash ?

IS there such a sale call partial sales?
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4 Answers

YT Tan (陈永达)
Good morning,

If you want to purchase your parent's share of ownership, you must fulfill one of the eligibility schemes.

If you are eligible to do so, you must have enough finances to effect and you may take up a loan if you dont have enough finances.

You can read up about it with the link below.

http://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/changing-owners-occupiers/guide-on-transfer

Hope my sharing is beneficial to your decision making.

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

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
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Hi,

Its possible just that you need to be able to finance the property on your sole name and also qualify under a hdb eligiblity scheme (single singapore citizen scheme) in your case. Thanks and hope to assist further with 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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Hi buyer,

Yes you may take over their share if you qualify for the single scheme, with your CPF/cash/bank loan. Do note that you'd have to pay BSD.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More
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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Professional

You just need to ensure you are already 35year old, have the revised housing loan to combine with your existing cpf and cash to take over the 50% of the flat.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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