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Hi, my partner and I bought a 4.room flat in tampines as joint single scheme under tenancy in common, each 50% share and 5 yrs MOP just over. Can I buy over my partner's 50% share and be the sole owner and must it be at market value price or mutually agreed price ?
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4 Answers

The buy over will require HDB's approval and you will require a lawyer to assist in this matter. Are you eligible to own this property as a single?

I have been in the real estate business since 2009, with more than 13 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.

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  • VH
    I should be eligible as I am SG citizen, single, age 57 and the flat was bought from resale market, flat was fully paid by both our CPF and MOP is over. Anything else you need to know ?
    Buy over 50% share must it be at market value price or mutually agreed price ?
    Why there is a need for a lawyer ?
    Can use HDB lawyer after seeking HDB approval ?
    How to seek HDB approval ?
    After that the seller will buy a resale flat if you can help on this matter.
Appreciate your sharing, in order to help you better can I know you are looking for next plan ? So that i can check with HDB for you.
Welcome any questions at 9696 4398  via phone or WhatsApp. Email is Stewartlim96964398@gmail.com
Cheers

Stewart-PropNex Read More
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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, you would need HDB approval and perhaps you could walk in to the branch office to enquire further on this matter.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

Yes, it can be done if both mutually agreed to a transaction price.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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