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If I own a HDB with my sister under joint singles program, and if my parents leave their hdb to either one of us do we need to sell off the current HDB? Or will we be able to transfer ownership to one of us and the other will take over ownership of my parents’ HDB flat?
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4 Answers

Hi,

This would depend on hdb branch approval and also whether each can individually finance the property on your sole name. It will be assessed on case by case basis by the hdb branch officer who will determine the eligibility to keep.

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

Warm Regards,

Ivan Ng Realtor
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Hi,

Yes it is possible in your case and you would need to seek HDB approval.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

Yes, it is possible if both you and your sister are eligible to own a HDB flat under one of the HDB Eligibility Schemes, i.e Single Scheme, Public Scheme, Non-Citizen Spouse Scheme etc.

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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Hi,

1) Not sure what was the reason for you to buy with your sister under the Joint-Single Scheme, thus difficult to assess.
2) By right, if both of you are single and above 35 yrs old. Each of you can own an HDB flat under the Single scheme.
3) In this case one of you has to perform the part-sale process to transfer her share to the other so as to inherit the flat from your parents.
4) Unless financially this is not possible then the one who inherits the flat has to sell it in the open market.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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