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Hi,

If you wish to be very safe, its best to wait until his name is out and cpf OA refunded before making the next move. After all, these processing may take longer than expected and can drag for a few months. If not you can try to negotiate a longer timeline to complete with the current seller, they could be receptive at a higher price. 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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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Hi,

If you wish to be very safe, its best to wait until his name is out and cpf OA refunded before making the next move. After all, these processing may take longer than expected and can drag for a few months. If not you can try to negotiate a longer timeline to complete with the current seller, they could be receptive at a higher price. 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 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/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More

Dear madam,

Can I verify what do you mean by "However, transfer of ownership could only be done under criterias such as marriage."?

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
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Good evening,

Firstly, in order for your partner to sell his share of the unit to his sister, she must be at least age 35 and above and is financially capable.
Then, it would take about 2 weeks after completion on the part sales before the CPF fund will be returned into his account.
Lastly, it would be good to know who much loan you can secure so as to work on the cash component.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for someone who have knowledge and experience on sales and purchase of residential properties?
With more than 10 years experience on standard sales and purchase cases, I do also handle cases that is related to:

1) Mental Capacity Act
2) Long Lasting Power of Attorney
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4) Divorce
5) Bankruptcy

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Hi Ms,

Is your partner's sister Singaporean above aged 35? Because if she's not, I'm afraid she will not be able to hold the HDB flat under her sole name.

One way would be for your partner and his sister to sell off the HDB flat, before your partner can have his CPF funds back.

Alternatively, if you have the funds, you may opt to purchase the condo under your Single name.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More