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Good afternoon Jonathan,

If you are purchasing a resale HDB under non citizen family scheme, you have to include both parents but as long as one of them has long term visit pass will do.

If you are at least 35 years old, you will be eligible for $15k singles grant.

http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/single-singapore-citizen-scheme-or-joint-singles-scheme

Last of all do take note that you will have to dispose off your overseas properties within 6 months from purchase completion date.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Hi Jonathan,

Yes you have to remove all ownership of overseas properties within 6 months of key collection to resale hdb. There is a singles grant of 15k if your income is 6k & below, and you have to include both your parents name. Alternatively, if its too much hassle you may to consider private property. Thanks and hope to assist with your housing plans 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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(Client's Testimonials) Read More

Evening,

You will need to remove the ownership status on the property with your sister. This unit indicates that you are one of the owner. For the second property, you have not being listed as owner. Hence it will not affect your eligibility to purchase a resale HDB unit. Since both your parents are still around, you will need to purchase the resale unit with both your parents.

Do contact me further for detail discussion.

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

Hi

If you intend to buy a resale HDB, you will have to either transfer or sell your properties in Malaysia. In other words, there must be no ownership in properties locally or overseas.

As a citizen, you will be able to apply for a HDB loan or bank loan subject to credit assessment. You will likely to finance the purchase singularly.

You will have to include both parents as essential occupiers.

Should you have any question, you may call 9620 0827  or email gavin.ng@orangetee.com

Regards

Gavin Read More

Hi Jonathan,

Re: Our Preferred Experienced SG Professional

Singapore citizen will be fine to have overseas property. For further assistance, pls walk in to any HDB branch for professional consultation.

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

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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Good evening Jonathan,

Apologies for the late reply as Propertyguru doesnt prompt me if there's any reply to my post.

I am afraid to inform you that occupiers also need to dispose off their interest in any private properties within 6 months from your purchase completion date. They have to observe minimum occupation period of 5 years along with you before they can purchase private property be it in Singapore or overseas again.

As for the disposal of overseas properties, you just need to dispose the one legally under your name.

Lastly, as long as you never take up any loan from local banks to finance your overseas property. It will not affect your loan for this purchase. You can take up to 80% bank loan (20% downpayment) if not 90% hdb loan (10% downpayment).

By the way, if you dont want the hassle of disposing overseas properties just for hdb purchase, probably you should seriously consider purchasing a private property instead.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Good morning Jonathan,

Maybe you are mistaken. I meant that they have to dispose all private properties on hand within 6 months from your purchase completion date as well and cannot purchase any private property within 5 years minimum occupation period.

Basically the regulation that is applicable to you is applicable to them as well.

I have attached the information you needed from HDB:

http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/conditions-after-buying

Thats why you might want to consider private property as alternative instead cause too much hassle currently.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ” Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ” Read More