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Hi,

In your case, yes both you and your foreign spouse are eligible to purchase a resale HDB flat but would have to dispose off any foreign property.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi, I am Brendan!

As a married person, you will not be eligible to purchase a HDB under single scheme. All owner and occupiers of the HDB must not have ownership of private properties in Singapore or overseas.

It will be much more straightforward for me to explain to you in details over the phone.
Pls contact me at 9754 5207  or wa.me/6597545207.

Thank you!
Brendan Bay, ERA
 9754 5207 
wa.me/6597545207 Read More

Hi Miss,

If you're married, you cannot purchase under Single Scheme, because you're not Single.

If your spouse is a foreigner, you can only qualify under Non-Citizen Spouse Scheme. If you have a child who's a Singapore Citizen, then you qualify under Public Scheme.

It is possible to purchase a HDB flat while you're overseas. You can get a POA to act for you in your purchase.

In terms of loan, it would be good if you can apply for a HLE or get an IPA from a local bank. Overseas income can be recognised with full documentation.

If your spouse own an overseas property, you still can purchase the resale flat first. As an essential occupier of the HDB flat you purchase, he will need to dispose off the property latest within 6 months upon the completion of your HDB flat purchase.

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

Hi Mdm,

Allow me to provide you with some clarifications:

1. Yes it is possible to purchase a HDB while residing overseas.

2. Overseas income is sufficient to be use to obtain a loan in Singapore as long as you have proper payslips and documentations.

3. As you are married, you may only purchase under the non citizen spouse scheme. Single scheme is not an option.

4. After the purchase completion, your spouse will have 6 months to sell off his overseas property or transfer it to his family member.

I have assisted my clients who are in the same situation. Please feel free to contact me so that I can provide you with further assistance.

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 know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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I have written a guide on buying Residential Property:
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Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Good evening Ms,

you are only eligible to purchase under non citizen spouse scheme as you are married. You can appoint a power of authority to handle some of the legal paperworks in Singapore but do take note some of steps are still required to be done by yourself.

As your spouse is required to be included as occupier, he needs to dispose off his overseas property within 6 months from your resale HDB purchase completion date.

Lastly, you can try to apply HLE or IPA before proceeding further. There might be a haircut due to your income deriving from overseas. Should I get my banker to advise you further on this?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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Email: yt.tan91115171@gmail.com

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Hi,

1) I have to remind you that providing untrue or non-updated information to a govt officer is a crime. Therefore it is best to provide updates and true information so as not to get us into trouble.
2) You can only buy an HDB flat under the Non-Citizen Spouse Scheme since you are married.
3) As of the current situation, I think you will not be able to buy unless your spouse is holding a valid LTVP (Long-Term Visit Pass).
4) Using an overseas income statement for a loan application is possible. Under such situations usually, the HDB or the bank will request for bank statement of up to 3 months to determine your financial health.
5) You might also suffer from a 30% haircut based on overseas income. This shall depend on the financial institution.
6) It is a must to dispose of any private property locally or overseas within 6 months upon key collection of an HDB flat.
7) in other words, you can still proceed to buy an HDB flat even though you own overseas property, but must sign an undertaking letter to sell after completion of the purchase.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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