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Hi,

I'm a Singaporean that is a home owner overseas as I'm working overseas at the moment and my husband is a non Singaporean citizen. However my husband and I would like to purchase a flat in Singapore so that we would have a place to stay in if we move back.

Given I'm a first time buyer in Singapore, will I be subjected to the new HDB regulation and need to sell off my current overseas property?

If so, is there any ways for us to avoid selling off the overseas property as we need to travel between both countries?

Thanks to advise.
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4 Answers

Hi Jasmine,
Alternative, you can consider getting a private apt so you do not have to sell off your overseas property.
Best Regards,
Tricia Tan + 65 92700867 
Email: trish.tt27@gmail.com Read More
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Wilson Lai You Xun
Hi Jasmine,

In your capacity as "first-time buyer", the only exoneration you get to enjoy is the 80% loan quantum & 5% cash outlay (which will be more if we are talking HDB properties, no thanks to COV).

Otherwise, citizens & PRs alike, you still need to dispose of your overseas properties within 6 months of purchasing a HDB unit.
However, I have some other privy information for your serious considerations.

Do drop me a note via email (wilsonlai@propnex.com) for further discussions. THANKS!! Read More
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private property will be more 'flexible ' in view of your 'overseas' work and ownership..
there are restictions on min occupation period 5 yrs, pte private limitations.etc.
www.catherinapng.com Read More
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