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What I have read from HDB website is that all applicants and occupiers listed in the flat application:

Must not own or have an interest in any local or overseas private property; and
Must not have disposed of any private property in the last 30 months before the flat application to buy a flat from HDB or resale PLH flat on the open market.

There is no indication what is considered a private property, therefore it is best to check with HDB directly.

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.

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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

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If you are applying for a Built-to-Order (BTO) flat in Singapore, owning a commercial property overseas should not directly affect your application. However, there are a few things you should consider:

Financial Capability: Owning a commercial property overseas may affect your financial capability to purchase a BTO flat in Singapore. HDB will assess your financial situation and creditworthiness to determine if you are eligible for a HDB loan or a bank loan. Your existing financial commitments, including the overseas commercial property, will be taken into consideration.

HDB Eligibility: To be eligible to purchase a BTO flat in Singapore, you and your co-applicant (if any) must meet the HDB's eligibility criteria, such as the income ceiling, citizenship, and family nucleus requirements. Owning a commercial property overseas should not affect your eligibility, but you should check the specific eligibility criteria for the flat type you are applying for.

Property Ownership: As a flat owner in Singapore, you are not allowed to own any other residential properties overseas. However, owning a commercial property overseas should not affect your flat ownership in Singapore, as long as it is not a residential property.

In summary, owning a commercial property overseas should not directly affect your BTO application, but it may affect your financial capability to purchase a flat in Singapore. You should also ensure that you meet the HDB's eligibility criteria and comply with the rules on property ownership.
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Disclaimer: Please double check with HDB by calling in HDB For your specific case scenario
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let us discuss over a friendly chat over phone or meet up physically with a cup of your favourite drink and see if it is workable. Looking Forward to chat / meet up with you Soon :)

From: Able "To Help For Property Consulting"@
 9856 9255 
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