AskGuru Q&A Community

Good afternoon m,

you are still within 5 years MOP.

And why do you have the intention to transfer ownership to your mom?

Do take note that single SPR is not eligible to own a HDB.

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:
Mobile: 91115171 
Email: yt.tan91115171@gmail.com

Do follow me on:

IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki

To find out what’s the estimated valuation of your existing house, try our SRX property tracker.

You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More

Hi,

As you only purchase the HDB flat 2 years ago, you have another 3 years to meet your 5-year MOP, regardless whether you fully paid or not.

Should you wish to transfer the flat to your Mother, you can only do so after you meet the MOP. Also, as she's a SPR, both she and your Father has to be at least SC or SPR more than 3 years in order for them to "purchase" the flat from you.

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