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Good morning Anderson,

I think you have mistaken the regulations.

It's true that you need to dispose off all overseas properties if you intend to purchase a resale HDB but the disposal is not before purchase.

Disposal of overseas properties must be done within 6 months from resale HDB purchase.

With legal completion that will take up 3 to 4 months, you have up to 10 months to sell off all your overseas properties.

By the way, do take note that both of you have to be SPR for at least 3 years individually in order to be eligible to purchase resale HDB.

Hope my explanation clarifies!

May I know how can I value add further in your property purchase?

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YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

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Hi,

The current regulations is such that you need to dispose your properties within 6 months after the hdb resale flat is purchased. Hence you still have some time to plan. But it does seem like disposing 4 overseas properties for one hdb is a lot of hassle. Is it really worthwhile to proceed? Alternatively you can consider to dispose one or two only, to fund a private property in Singapore. You need not sell overseas property actually if you buy private property in Singapore.

May I have more info and requirements so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Good morning,

You are required to remove your ownership status on the properties that you have within 6 months from key collection of the HDB unit. Therefore, you will need to ensure that you have sufficient lead time to proceed with the necessary paperwork accordingly.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Anderson,

Unfortunately it is very difficult to have the best of both worlds in being able to sell your overseas properties for a good price while you purchased a public housing here in Singapore (what we can term as subsidized housing). Why not consider looking into private property here in Singapore? The route to owning a private property could be easier and you need not liquidate all your 4 properties in Malaysia.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi Sir,

You can proceed to buy a HDB resale flat in Singapore, and then within 6 months of completion, sell off all your overseas properties.

Or you might want to consider purchasing a private property instead, as there is no requirements for you to sell off your overseas properties. I think it will make more sense for a property investor like you.

Please call me at my mobile 9748 6305  for further discussion. I will be happy to assist.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi Anderson,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

Malaysia property market lack of buyers, high possibility that you cannot meet the ideal price tag you seeking for.

Recommend you be prudent and consider for 1 bedder studio or bigger. Any project you have in minds now

Pls provide your contacts detail in order to contact you based upon your stated contents and walk you through the entire process with options.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com
In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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