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i would like to ask: can a parent sell the HDB to the child? i am not referring to 'Transfer of ownership', i am referring to pure selling , just like a normal HDB resale transaction.
it is very similar to 'HDB Resale of partshare' , but this is not partshare, this is whole 100% share.

Situation: Mum (owns 100%) of HDB. can sell the entire 100% to son (aged 37, single)? so here in this resale transaction, both the buyer n seller r immediate family members. can?
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5 Answers

Hi,

It does look possible based on the info shared, but ultimately it is still subject to HDB approval. I would think the pre-requisite is for the property to be sold at market value and the relevant stamp duties payable. Also the MOP of 5 years must be met and the incoming owner must be financially equipped to buy over the flat.

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
 97432395  Read More
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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes it is fine and as long it is being treated as a resale transaction.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi

Yes it can be done with approval from HDB. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
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Robbie Chen Chee Howe
Hi,

Yes it is possible. As long as both Seller and Buyer meet the eligibility conditions.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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
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YES you can !
Just have to make sure the house already met the 5 year MOP period.
During calculation also make sure the selling price covers the CPF monies needed by the mother to put back in CPF account.
Hope it helps..

- Hakim Realtor
property@hakim.sg
 9144 9841  Read More
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