Hi,
Yes the single SPR will no longer be eligible to keep the HDB on his sole SPR status. HDB will require you the owner to either surrender the flat or sell away in open market, depending on MOP period. It is more ideal to sell first before renouncing, because the moment you renounce, there will be a timeline for you to sell off the away, which may not be advantageous to you as the seller.
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
Warm Regards,
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Multiple Diamond Award Achiever
SEAA Salesperson Achievement Award (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)
ERA Top 11th Achiever in Feb 2024 (Top 1% Company Level)
ERA Top 64th Achiever in March 2024 (Top 1% Company Level)
ERA Top 37th Achiever in Oct 2023 (Top 1% Company Level)
ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)
SMU BBM (Finance), Magna Cum Laude
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HDB SPR Seller
Mr. Emman & Mrs. Charo Moneda : We are extremely pleased to have engaged Ivan Ng to assist us in the sale of our 3 RM HDB flat and buying a 4RM HDB flat. Ivan made the stress of selling & buying our house as minimal as possible! We thank him for bearing with us and adjusting with the different demands. Ivan displayed an exemplary drive to ensure that we were able to sell and buy our property within the given time frame. He used his very good negotiating skills to obtain the very best deal for us. A very dependable property agent. We recommend him without hesitation. Thank you Ivan!
-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --
I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan.
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