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Hi. I’m currently staying in a two room flexi with my wife and son. Our MOP is in a year time. And we are planning to upgrade a bigger unit as we intend to stay with my in laws.

My question is, when is the right time for me to start our planning to sell and purchase.? Also, we intend to put in my brother in law as a buyer too. Is it possible to have 3 owners for a HDB.?
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6 Answers

Hi, appreciate your sharing. Able to use singpass to apply HFE first and see what the outcome before deciding.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
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Hi,you can only start marketing your unit once your MOP ends, however you can engage the assistance of an agent maybe 2-3 months prior to that to start planning. Apply for an HFE first, which shows u ur eligibility. Should be able to add your brother in law as buyer if he does not own an existing HDB.
If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

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Landon Chew
97 39 60 40
landonchew@email.com Read More
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Hi,

Typically around 2 to 3 months before the MOP will be a good time to start doing the housing plan and also prepare the house for sale. You can only apply HFE when MOP of 5 years is met. If you intend to add in your brother in law, he must also sell away his existing property also.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

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Hi Amri,

The best time to start marketing your unit is 2 months before the MOP so that we will sufficient time to prepare the house for sale and ensure that the marketing plan can be conducted properly. It is possible to include your brother in law as one of the owners if you wish to leverage on his income to geta a higher loan.

Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

Regards,
Nick Tan
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Hi Khairul Amri,

You will only be eligible to apply for HFE as well as registering your Intent To Sell after fulfilling your MOP, but it could be a good time to start doing your research and going about to see what your options are in the market so you are more ready when the time is ripe to make any decisions.

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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It's great that you're planning ahead for your housing needs! Here's some guidance on timing your upgrade and considerations for adding additional owners to the property:

Timing for Selling and Purchasing: It's advisable to start planning for the sale of your current HDB flat and the purchase of a new one well in advance, especially considering factors like market conditions, financial preparations, and the time it may take to find a suitable property. Typically, you may want to start the process around 3 TO 4 months before your Minimum Occupation Period (MOP) ends, giving you ample time to explore options, secure financing, and coordinate the sale and purchase transactions.
Adding Additional Owners: Yes, it is possible to have multiple owners for an HDB flat. In your case, if you intend to add your brother-in-law as a co-owner for the new property, you can do so, provided that all owners meet the eligibility criteria set by the Housing & Development Board (HDB). This includes citizenship, income, and other requirements. Keep in mind that each owner's financial and legal responsibilities will be shared, so it's crucial to discuss and agree on matters like financing, ownership shares, and decision-making beforehand.
When planning to add additional owners, consider factors such as their financial stability, future housing plans, and potential impact on your eligibility for housing grants ,..
FOR BUYING > APPLY HFE FIRST ,...
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