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I've transferred my private property to my mum and it has been approved a few mths back. No monetary transaction.Would I now be able to purchase a resale hdb? Or i would have to observe the 15mths cooling period? My hle (hdb housing loan) had been approved as well (not sure if it's accurate?)
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7 Answers

Yes, you will need to wait out for 15 months, unless you are 55 years or above, then you may purchase a resale HDB that is 4 room or smaller type.

I have been in the real estate business since 2009, with more than 13 years 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.

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Hi

If you are below 55 years old, you need to wait out 15 months after the pte property transfer before you are eligible to purchase resale HDB.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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Hi,

Yes the wait out period of 15 months apply to you as well. Unless you are now at least 55 years and above.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hey there!

Congrats on the successful transfer of your property to your mom. That's fantastic!

Yes, there are some confusion caused with the new Cooling Measure about the 15-month wait.

I have a suggestion for you. You can apply for the new HDB Flat Eligibility (HFE) letter. It's a new thing introduced by HDB on May 8th this year to make it easier for people like you who want to buy a flat.

Unlike the old system of HLE Letter, this new HFE letter is super helpful because it assesses your eligibility for buying a new or resale flat. It also checks if you can get CPF housing grants and HDB housing loans. The best part is that it simplifies the whole process and saves you from having to provide lots of documents because it uses your personal details from your SingPass to do the eligibility check.

So first do this preliminary check to see if you're eligible. Once you've done that, you can apply for the letter within 30 days.

Remember, the HFE letter is valid for six months, and you need it you submit your Option To Purchase (OTP) via resale application.

I hope this helps you understand the process better! If you have any more questions, feel free to whatsapp me.

Good luck with your new flat journey!

Anthony Yeo
 98791616 
CES, ACTA, CCMFP
Group District Director
Huttons Asia Pte Ltd Read More
0
Hi there!

You will still have to wait out the 15 months period or if, you’re above 55, you may then purchase a resale HDB of up to 4R only. Hope that answers your question!

Feel free to reach out to me any time @ https://wa.me/6590300391

I’ll be more than happy to answer your enquiries.

Chung Sze
PropNex Read More
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XXXXX The End XXXXXXX Read More
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------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
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