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I have an executive HDB which i bought from the first owner just one year ago. No I intend to return back to Australia due to medical condition. My question is :

1. Can I sell my house in the open market so I can at least recover the expenses i have incurred on the interior ? Please note that I intended to stay in this place for long time but due to medical reasons I have to leave Singapore. I need to sell this in the open market so that I can repay the renovation loan to the banks i borrowed from.

2. How much time does it take for HDB to process the re-payment and the money to come into my bank account.

Many thanks in Advance.

Kind Regards,
Max
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3 Answers

Hi Max,

For your situation, I would advise you to talk to HDB directly with all the medical reports from the doctors to justify your case and see if HDB can allow you to sell before your MOP.

We are unable to help you much in this scenario as the regulations are as all HDB units to be sold in the open market should meet MOP.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Hi GMAX,

Simply call HDB and talk to them.
And they will look into your case.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
ERA Read More
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Hi,

1) You need to get HDB approval for selling your house. Please call the hotline and speak with them directly. I would presume they will fix an appointment with you to discuss the details.

2) Usually it will take around 4 months after selling to get your sale proceeds.

Please call me at 96836230  should you need any more info.

Thanks,
Ander ERA Read More
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