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Hi, my wife and I are both SC, and our HDB flat is fully paid off. I understand that if we decouple the flat to avoid ABSD, she needs to pay back the amount of CPF I contributed to the flat. Is that correct?

My wife is a housewife with minimal CPF, so this is a critical issue for us. Is there a way to avoid this?
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3 Answers

Ivan Ng
Replied
Hi,

Will need more details so to make better recommendations. Thanks and let's discuss this further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Mike Lim
Replied
Afternoon,

Since your spouse is not working, decoupling and transferring the unit to her name is not feasible. She will need to be able to obtain mortgage loan to buy over your share of the unit.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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CK Ang
Replied
Hi,
I would like to share some advises with you.
To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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