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Hi,

1) Transfer without monetary consideration is only possible if your boyfriend paid the flat using only cash.
2) Once there is CPF involved, he has to answer to the CPF board.
3) You may see detail listed by the HDB:
https://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/changing-owners-occupiers/change-in-ownership/transfer-of-flat-ownership/guide-on-transfer
4) Regarding resale levy, you may refer to below for detail:
https://www.hdb.gov.sg/cs/infoweb/residential/selling-a-flat/financing/computing-your-estimated-sale-proceeds/selling-a-flat-resale-levy
5) Do note that in order for the other party to inherit the property according to the deceased wish. You don't have to rely on the Intestate Succession Act. You can make a legal wish so as the surviving party can still inherit the property without difficulties.
6) Thus you don't have to be legally related; i.e. married, to inherit the property.
7) In this way, the cost of making a wish (less than $500) will be cheaper than doing the transfer and pay the buyer stamp duty which is going to a few thousand.
8) In this way, your boyfriend's flat can rent out for passive income while both of you stay in the new BTO 2-rm flat.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi Property Buyer,
Since your BF owns a HDB, you can go through ROM and be a couple. He can add you as an occupier, in his will and as a CPF beneficiary too. However, if you want to purchase a property in your own right, I would suggest you buy a private apartment. This way, you do not pay ABSD.

Further more, you can also rent out one of your properties for passive income. Many HDB home owners would love to be in your position as they want to buy a 2nd property but having to fork out 12% ABSD makes many decide not to.

So, consider yourself LUCKY and invest WISELY. Do let me know how I can help you.

Elan Govan
MABA (Lancaster)
Huttons Asia Pte Ltd
 90170747 
www.goodpropertiesguide.com Read More