Asked by THANAMALINI THENDAYUTHAPANI
I am a Malaysian with an SPR holder. I wanted to purchase a house in Singapore. I do have a property in Malaysia under my name. My son is also an SPR. Understand that being an SPR, I will need to sell off my property overseas to get one here.
Question:
Can I still buy without selling off the property in Malaysia?
If the answer is yes with the requirement for me to sell off the property in Malaysia, can I buy this under my son's name as the main owner and myself as the 2nd owner instead. Will this way can help me to keep my property overseas? (Note that my son is still studying at University in Malaysia yet he is SPR still)
If I still need to sell the property both ways asked as per above, any other options, or what are other options do I have to keep my property in Malaysia while to able to purchase a property in Singapore now?
Question:
Can I still buy without selling off the property in Malaysia?
If the answer is yes with the requirement for me to sell off the property in Malaysia, can I buy this under my son's name as the main owner and myself as the 2nd owner instead. Will this way can help me to keep my property overseas? (Note that my son is still studying at University in Malaysia yet he is SPR still)
If I still need to sell the property both ways asked as per above, any other options, or what are other options do I have to keep my property in Malaysia while to able to purchase a property in Singapore now?
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