Asked by Jeannette Loh
I am now living in a 5I HDB flat for 16 years. Am in the midst of divorce and will be finalised by November. I have actually indicated that I will transfer this house to my name. But now with these new rules, i would like to seek clarification. If i transfer the house to my name, does it mean it is like buying a new HDB flat and i need must live in this house for another 5 years before i can sell it? I actually plan to transfer to my name then later sell it off and buy a condo near my mum's place. But now if i have to stay for another 5 years, then is it better to sell if off now ?
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