The key is if your mum and dad is able to obtain the necessary financing (loan) to take over your share of the ownership, based on their income.
Although as you mentioned that you can rent out the rooms to do the monthly repayment, HDB or bank will still require to assess the financial aspect for this transfer to take place. I certainly think it will be great to check with HDB directly on this matter so they can make the necessary assessment of the situation, and if required, put in the appeal to have this approved before looking at other options.
I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
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