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Hi,

Unfortunately no you can't purchase resale HDB with your son, as HDB recognizes you and your wife as a family nucleus entity and her name must be added in into the application of the hdb, which means the condo has to be sold.

If you like to purchase a 2nd property for investment and keep the current condo, it might be good to buy under the son's name a private property instead.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.

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Hi Sir,

I'm not sure where you heard of this method from, but you were ill-advised, and I'm quite certain this is not what you want to do after you know the Truth.

Now for the Truth.
1) To decouple from the condo that you co-own with your Wife, you will need to pay BSD on the shares that is being transferred.

2) Next, should you purchase a HDB flat with your son, your Wife will need to be included as the "essential occupier" of the HDB flat. This will mean that she will need to sell off the condo (which she just bought some shares over from you), latest within 6 months upon your HDB flat purchase.

3) Upon selling off the condo, she will be liable for SSD (12% of the selling price if property sold within the 1st year).

4) Also, upon the HDB flat purchase, both you and your Wife will need to serve a 5-year MOP, during which this period neither of you can sell the HDB flat, or to purchase another property.

So, upon knowing the Truth, this is not what you will be looking to do, right?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

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

Dear sir,

I believe both Robbie and Ivan has mentioned that the plan is not executable due to the existing policy in place on HDB purchase, however, you may explore the idea of selling the existing condo to your son, and wait out 30 months before purchasing the new HDB flat with your wife.

I have been in the real estate business since 2009, with more than 10years 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.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
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Sorry to inform you your suggestions are not workable .

If you are married , The only way for you to buy a resale hdb is with your spouse , in addition , your family have to sell the condo after buying the resale hdb .

I am not suggesting a divorce , just for infor only , a singaporean divorcee above the age of 35 can buy a resale hdb . And the ex spouse can keep the condo if finance Or budget permits .

My charges are 1% for exclusive selling rights to private property , or 2% for open listing.

Joanne chia ,
Hp 8333 3327  . Read More