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I am a Singapore Citizen over 35 years old , Single parent with young twins daughters (2 generations). My current EM HDB is under Joint Account with my Singapore Citizen Brother above 35 years old under Sibling Scheme for the past 11 years since 2009 purchased. My brother would like to retract his name from the HDB and wants to buy a HDB outside and is looking around near Bukit Gombak / Bukit Batok. He has one Malaysia property and in the process of selling it but no buyer yet due to pandemic but trying by few Malaysian agents. Please advise on the procedure and we would like help or services from Agency on this issue. Appreciate it. Many Thanks!
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3 Answers

Aaron Chong
Replied
Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Taufik Hussein
Replied
Hi
In your brother case, you should not be too worried on the issue of your brother owning overseas property and have no luck finding a buyer right now. This is because HDB rules state that you are only required to dispose off your overseas property within 6 months after buying a resale. You may proceed with the necessary procedures meanwhile and even if your brother fail to meet the timeframe of 6 months after buying a resale, you can always appeal to HDB which practises high leniency in these extraordinary times. However what you should be more concern of is your brother eligibility to apply for a first timer grant. Under HDB rules, your brother is only eligible for first timer grant if you dispose of your private or overseas property more than 30 months ago. I can assist to draft an appeal letter on that to enable your brother to purchase a resale if there is any extraordinary circumstances. I would happy to assist you on this. Do contact me at 93375051  for a free and non obligatory discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
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Robbie Chen Chee Howe
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Hi,

In order for your brother to "exit" from the HDB, there are 2 things to take note of:

1) refund whatever CPF monies that he had utilized for the flat, plus accrued interest.

2) you have to undertake the outstanding loan for the flat, subjected to your loan eligibility.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you and your brother in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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