Asked by Anonymous
I am a New Singapore Citizen who received my Singapore Citizenship on 07th January 2015.We note that one of the eligibility conditions stated in your website is concerning the Ownership/Interest in property in Singapore or overseas. We would like to know if my situation of past ownership in a family residential property in Malaysia will have effect on my eligibility to purchase a New HDB BTO flat. Kindly allow me to explain in details as following.I disposed the ownership of a family residential property in Malaysia on 12/02/2014. This ownership of our house was shared equally between 5 persons namely, myself, my mom, a brother & 2 sisters. At the time of purchase of the property, I did not contribute any monies. Similarly, when I decided to withdraw my name & dispose my 20% share of ownership I did not receive any monies or any kind of compensation as well. My wife does not have any property ownership to her name.Are we eligible to buy a New HDB BTO flat & considered as First Timer.
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