Hi,
1) Yes, you are eligible to buy an HDB flat once you obtain your citizenship.
2) Do note that you must collect your passport before you offer an OTP. Your new passport date must be earlier than your OTP date.
3) You have up to 6 months to sell your overseas property upon key collection.
4) If you worry you might need more time to settle your overseas property it is best to start working on it once you received the confirmation notice of your citizenship.
5) So that you will have another 6 months to work on it. Do note that penalties for violation of the HDB rules can be severe. The worst situation is the HDB confiscates your flat.
6) You will be required to sign an undertaking letter to promise you will sell your overseas property within 6 months upon key collection.
7) If you have a valid reason not to release your interest in the overseas property, you are advised to appeal to the HDB and seek approval before you commit your purchase.
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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