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Im a Singaporean and my husband is a PR with private property in Malaysia. Can we apply for BTO under any scheme? Or can i apply for BTO solely under my name? If not is there any way we can purchase new/resale flats without disposing his overseas property?
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2 Answers

Hi,

1) You (SC) and your spouse (SPR) are not eligible under the "Public Scheme" for BTO for your situation.
2) You may list yourself as the sole owner and your spouse as an occupier.
3) However, this does not give him any excuse to hold local/overseas property for the past 30 months.
4) You can only apply BTO with him after 30 months of disposing of his overseas property.
5) If you wish to make any purchase now or less than 30 months of waiting, you can only consider resale, because buying a resale HDB flat allowed disposing of his overseas property within 6 months of purchase.
6) Under current HDB policy, if your spouse wishes to keep his overseas property, he has to write to appeal to the HDB with valid reason. (hdbresale@mailbox.hdb.gov.sg)
7) And please do not try to hide information in HDB flat purchases.
8) There is an announcement on the revision of penalty over information to the public servant from 3 months jail term to 6 months jail term. Desmond Lee had also mentioned the HDB is withdrawing hundreds of cases on wrongful claims on grants. This implied the HDB is tightening their checks on everything from now onwards.

Hope the above answer to 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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Robbie Chen Chee Howe
Hi Mdm,

I'm sorry to inform you that you do not qualify to apply for BTO.

If you wish to purchase a new/resale property in Singapore without having to sell off his overseas property, you may go for a private new launch or a private resale condo.

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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