4 Answers

Hi, the proceed amount will be based on the final judgement order given to you during the divorce and when the unit is sold, it will usually follow the court order direction.

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Landon Chew
97 39 60 40
landonchew@email.com Read More
1
Here's what you can do:

Resolve the Splitting of Proceeds with your Ex-Husband:

This is the most crucial step. You need a clear agreement on how the cash proceeds will be divided (e.g., 50/50, a specific amount).
Ideally, this agreement should be formalized through a legal document like:
A Separation Agreement outlining asset division.
A court order if the division was part of the divorce settlement.
Contact HDB (if needed):

Once you have a written agreement on the split, you can contact HDB to update ownership details (if applicable) and facilitate the transfer of your share of the proceeds. Here's how HDB might be involved:
If you were the sole owner and want to add your ex-husband as a co-owner: This would require an application and may not be your desired course of action.
If you were co-owners and want to remove your ex-husband's name: HDB can help with the transfer process once you provide the legal agreement outlining the division of proceeds.
Here's what NOT to write to HDB about:

Don't request HDB to mediate the division of proceeds with your ex-husband.
Don't ask them to withhold funds from your ex-husband.
Recommendations:

Focus your communication with HDB on the transfer process and updating ownership details (if applicable) based on your legal agreement.
It's best to involve a lawyer to ensure your agreement is legally sound and to guide you through any communication with HDB.
Resources:

HDB Contact Us: https://www.hdb.gov.sg/
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1
Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
What do you mean? You are looking to purchase another HDB with HDB loan thus you need to use 50% of cash proceeds from last HDB sold to finance your existing purchase and you are checking if you can appeal to HDB against so? Read More
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