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I (Singaporean) have a condo under my wife (PR) name. My parents (both PR) and I own a BTO. I am intending to take my name out from the BTO flat.

My question is, can my wife transfer the ownership of the condo to my parents? The intention is so that we can get a BTO. Thanks
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4 Answers

Dear Sir/Mdm

Good day to you!
I’m Daniel Tan from PropNex Realty.

You may only apply for a BTO or receive any grants after disposing the private property for more than 30 months.

Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.

Do contact me via phone or email, as I will not be notified by PropertyGuru if you reply to this.

Have a wonderful day ahead.

Best Regards

Daniel Tan
PropNex Realty Pte Ltd

(+65) 9477 5100 
daniel.tck@propnex.com
www.danieltanpropnexrealty.com
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Hi Yes, its possible depending on a number of factors. Do contact me at 97970200  to discuss more

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YT Tan (陈永达)
Good evening,

I do understand that you wish to apply for BTO with your SPR wife but do take note that because she's a private property owner therefore she has to dispose it first before both of you can apply BTO.

By the way, have 3 of you fulfill the minimum occupation period? Can your parents financially capable to take over your ownership if you have used CPF OA funds and have loan (if any).

With the removal of your ownership from BTO, perhaps you can do much more.

Hear from you soon!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
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Robbie Chen Chee Howe
Hi Sir,

Yes, if you and your parents had met the 5-years MOP, your wife can transfer the condo to your parents name. However, do take note that as your parents are both PR, they will be required to sell off the HDB within 6 months from the transfer.

Also, you will have to wait out a 30 months period after your wife transferred her condo to your parents, before being eligible to apply for a new BTO flat.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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