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I am currently 43 years old, and I owned a fully paid 5 room HDB flat with my parents. However, my father is no longer staying with us, and is staying alone in Malaysia for the past 20 years. I would like to purchase a new resale flat on my own. How should I go about doing this?
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5 Answers

Hi

You may text 9620 0827  for a casual chat. We need to understand your situation better before advising.

Warmest regards

Gavin Read More
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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi
In order to do that, you need to transfer the ownership of your current flat to your parents or sell off the flat. To advise further, I will need more details in regards to your profile and circumstances. Do contact me at 93375051  for a free and non obligatory discussion on this.
Regards
Taufik Hussein
CEA Reg No: R061607B
Marketing Director
ERA Realty Network Pte Ltd
Contact No: 93375051  Read More
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Dear Sir/Mdm,

Do you intend to sell away this 5 room flat or to keep it? Please feel free to contact me privately so that I can understand your intentions and assist you better!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020

Visit my website to get to know me better:
www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

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Susana (Buyer) Read More
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Robbie Chen Chee Howe
Hi,

You can purchase another resale flat under one of the Eligibility Schemes. However, you can only own a HDB. Hence, you will need to relinquish your ownership for your current 5RM flat. Whether or not your parents can "buy over" and "own" the 5RM flat will depend on their Citizenship status, and their ability to "buy over" your shares in the flat.

If they are eligible to own the flat without your name in it, and is able to pay back to your CPF whatever monies you had used for the flat, then you have up to 6 months upon new flat purchase to remove your name as the co-owner of the 5RM flat.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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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