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HDB requires transparency regarding property ownership. This means that you, as a non-Singaporean, would need to declare your overseas property when your Singaporean fiancé applies to buy a resale HDB flat.
However, owning an overseas property does not automatically disqualify your Singaporean fiancé from purchasing a resale HDB flat.

In the context purchasing an HDB property with a foreign spouse, there are two key aspects to consider:

Home Loan Considerations: A foreign spouse is not eligible to be a co-owner of an HDB property, meaning they cannot be joint borrowers for the home loan. Consequently, only the Singaporean partner’s income is considered for loan-related requirements like the down payment and the Mortgage Servicing Ratio (MSR). This could potentially result in a lower loan amount or challenges in securing loan approval.

Property Ownership Rights: It's crucial to understand that a foreign spouse, even if contributing to the mortgage or other expenses, will not hold legal ownership of the HDB flat. They will be classified as an essential occupier, not a co-owner, which affects their legal rights concerning the property.

Hope this help.

For further assistance, please feel free to reach out.

Andik Imran
8 7 3 6 8 7 3 6
realestatedad.sg Read More

Hi, appreciate your sharing. Do proceed with HFE before working out your budget.
Using your singpass -
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/application-for-an-hdb-flat-eligibility-hfe-letter

Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Hi,

Yes, your fiance will need to declare your property ownership when purchasing a resale HDB flat.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

If I may ask the age of your fiance, we would perhaps be able to advise more accurately.

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

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