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I would like to buy a HDB for my parents. I am able to pay in one payment. What I afraid is how do I protect myself that I have final ownership after my parent deceased? I have already have one HDB and one Condo under my name
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4 Answers

Hi,

If you are putting the HDB under their names and paying 1 lump sum, it is possible. To ensure you have the final ownership, you have to engage a law firm to draw up a will for them which they can endorse, and will the unit to you.

However, by then, you have to sell away the HDB when it is transferred to you as each household can only have 1 hdb at any one time. Thanks and hope it clarifies. Is there anything I can assist further?

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More
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Hi there,

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner.

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

Look forward to hearing from you!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

ERA Top Achievers 2013/14
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2014 ERA Asia-Pacific Business Conference Elite Award

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Hi Chin Poh, draw up a will may help. Please contact myself if you need to explore further. I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Evening Mr. Chin,

You can have a WILL drafted to have the ownership to be transferred to you once both your parents have passed-on. However, do note that you will be required to sell away that particular unit as you are currently an owner of your HDB unit and condo.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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