Asked by d***@gmail.com
Hi, I would like to buy a resale flat this year. My preference is to stay beside my primary school and there are no condos nearby that I like.
However, I have a property overseas that I want to dispose of, but am unlikely to be able to do so until 2025 due to local laws barring sales until then. I am also appealing there to transfer ownership early to a family member there, but the outcome of this appeal will likely take some time.
I would like to make an appeal to HDB, in the knowledge that I may not be able to get rid of it within six months of completing my HDB transaction, but in good faith I will get it transferred away as soon as legally possible over there.
May I know if the appeal process starts after already buying the HDB flat or before I even start the purchase process? If it starts only after I have collected my keys here, and my appeal is rejected, what would happen?
Thank you!
However, I have a property overseas that I want to dispose of, but am unlikely to be able to do so until 2025 due to local laws barring sales until then. I am also appealing there to transfer ownership early to a family member there, but the outcome of this appeal will likely take some time.
I would like to make an appeal to HDB, in the knowledge that I may not be able to get rid of it within six months of completing my HDB transaction, but in good faith I will get it transferred away as soon as legally possible over there.
May I know if the appeal process starts after already buying the HDB flat or before I even start the purchase process? If it starts only after I have collected my keys here, and my appeal is rejected, what would happen?
Thank you!
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