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If two siblings with SPR status are planning to buy an HDB flat in Singapore, in the event of inheriting overseas property, how might that impact their HDB ownership or any potential implications on their SPR status?
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5 Answers

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, for this case both siblings are not eligible to purchase a HDB flat.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi, appreciate your sharing. Sorry only able to purchase private property. As for HDB only married couple for PR and holding onto the blue card for past 3 years.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
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My Answer with regards to your Question:

Declaration of Overseas Assets:

SPRs are required to declare their overseas assets, including properties, to the Immigration and Checkpoints Authority (ICA) during the renewal of their Re-Entry Permit (REP). Non-compliance may affect the renewal of the REP, which is crucial for maintaining SPR status.

Please note that housing policies and eligibility criteria may be subject to changes, and it's recommended to check with the Housing and Development Board (HDB) or consult with professionals for the most up-to-date information based on your specific situation.

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Robbie Chen Chee Howe
Hi,

Do you mean the siblings jointly purchase the HDB flat? Or are they purchasing the flat with their spouses? Inheritance of overseas properties may not impact their HDB ownership as long as they fulfilled their MOP to the flats.

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 +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More
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