AskGuru Q&A Community

Good morning buyers,

Just to take note as SPR household, to be eligible to purchase resale HDB both of you need to be SPR for at least 3 years respectively.

Have you guys fulfill 3 years?

If you purchase a resale HDB, you have to dispose off interest in your malaysian property within 6 months from purchase completion date. Usually my buyers will transfer to their family members.

Lastly usually mortgage taken from overseas banks will not affect your mortgage application in Singapore so not to worry, probably can speak to my bankers on this.

Hope my sharing is beneficial to your property purchase.

I am currently assisting a few SPR buyers on their first HDB purchase in Singapore.

May I know how can I value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Hi,

For SPR households, both SPR need to fulfil 3 year SPR status before they can purchase. They also need to remove ownership from overseas property after they purchase resale hdb.

Usually if you are guarantor for overseas banks property loan, it shouldn't affect your property loan application in Singapore. Best to speak to my banking partners so to give you a better idea based on your circumstances. Thanks and hope to assist further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Afternoon,

Since both of you are SPR, you must have being holding to it for more than 3 years to be eligible for the purchase of HDB resale unit. As for overseas properties, as long as neither of your names have being included into the ownership, it would not inflinge with HDB regulation.

Do feel free to contact me should you require additional assistance.

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