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Divorcees can purchase or own a subsidised flat immediately upon ending their marriage. This is subject to the condition of fulfilling the eligibility criteria of purchasing such flats. Thus, you may consider either purchasing a new BTO flat under the Assistance Scheme for Second-Timers (ASSIST) or a resale flat.

Purchasing a BTO flat under the ASSIST Scheme enhances divorced parents’ chances of obtaining a BTO flat in the computer balloting exercise that the Housing Development Board (HDB) conducts for flat applications. This is because up to 5% of 2-room Flexi and 3-room BTO flats in non-mature estates are set aside for applicants under this scheme during sale launches.

Eligibility criteria under ASSIST
To qualify for the scheme, you:

1. Must have at least one biological child of the marriage or adopted child aged 18 years and below; and
2. Must not have acquired any interest in an HDB flat or private residential property (except for your matrimonial flat/property) after the date of your divorce.
There is no age criterion to be fulfilled to be eligible for this scheme.

However, as seen from the above two criteria, you must have custody of your child to qualify for this scheme. Accordingly, you would not qualify for this scheme if you do not have a child from your marriage or custody of such children.

If you wish to find out more or have an non-obligatory sharing session, feel free to reach out.

Eileen Chew
 9862 8113 
ERA Realty Read More

You will need to write in to HDB in that situation and HDB will assess the situation accordingly. There are also various articles put up by law firms and I find this one particular simple and clear. https://www.gjclaw.com.sg/articles/divorce-what-happens-to-bto-flat-mop-not-reached/

I have been in the real estate business since 2009, with more than 14 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.

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Landed Dynamic Alliance
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Hi, appreciate your sharing. Yes, have to cash out current BTO before proceeding for next purchase.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More