Asked by Sandra Ng
I am PR, and if I heritate a property in overseas, can i still buy HDB in Singapore?
95 views
3 Answers
Dear Sandra,
Based on HDB policies, you are not allowed to hold any properties overseas and be eligible to buy HDB in Singapore.
That being said, I have clients who are a SG Citizen and SG PR couple, whom the PR have a property ownership overseas and managed to appeal successfully and have bought a HDB resale.
Disclaimer, this is case-to-case basis.
Please check and/or appeal with HDB first before you proceed to search for your HDB home in Singapore. HDB will look at your circumstances and make the decision, and they are not obligated to approve any appeals.
Hope this helps!
Lucas Lim
8333 0360
lucas@thepropguide.com
E&K Realty Pte Ltd Read More
Based on HDB policies, you are not allowed to hold any properties overseas and be eligible to buy HDB in Singapore.
That being said, I have clients who are a SG Citizen and SG PR couple, whom the PR have a property ownership overseas and managed to appeal successfully and have bought a HDB resale.
Disclaimer, this is case-to-case basis.
Please check and/or appeal with HDB first before you proceed to search for your HDB home in Singapore. HDB will look at your circumstances and make the decision, and they are not obligated to approve any appeals.
Hope this helps!
Lucas Lim
8333 0360
lucas@thepropguide.com
E&K Realty Pte Ltd Read More
Dear Sandra,
As long as you are listed as the owner of the residential property, you will be required to dispose your ownership within 6 months from taking possession of your HDB purchased, as HDB regulates that you should not be an owner or even part owner of any private residential properties, both local and abroad during the Minimum Occupation Period.
Hope the above helps!
I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888 [mob] +65 81577565 [LDA] +65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
As long as you are listed as the owner of the residential property, you will be required to dispose your ownership within 6 months from taking possession of your HDB purchased, as HDB regulates that you should not be an owner or even part owner of any private residential properties, both local and abroad during the Minimum Occupation Period.
Hope the above helps!
I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888 [mob] +65 81577565 [LDA] +65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
1
Hi Sandra,
Yes you can, provided you meet the eligibility conditions of owning a HDB flat under one of the many HDB Eligibility Schemes, i.e Public Scheme, Single Scheme etc.
Do take note that you're required to sell off all private properties (both local and overseas) latest within 6 months upon your HDB flat purchase. You will also need to serve a 5-year MOP before you can purchase another residential property.
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
Yes you can, provided you meet the eligibility conditions of owning a HDB flat under one of the many HDB Eligibility Schemes, i.e Public Scheme, Single Scheme etc.
Do take note that you're required to sell off all private properties (both local and overseas) latest within 6 months upon your HDB flat purchase. You will also need to serve a 5-year MOP before you can purchase another residential property.
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