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Hi Thomas,

Happy National Day Holidays!

Unfortunately HDB no longer allows for transfer of ownership (as depicted in your post) between married couple unless for special circumstances such as financial hardship or divorce reasons.

Since MOP is fulfilled, you can still purchase the 2nd residential property no issue, just that you will need to pay the 17% ABSD for the 2nd residential property.

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
ERA Senior Marketing Director
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Dear Thomas,

Decoupling has been disallowed for HDB since a while back therefore such an option you are exploring is not doable. In most restructuring or asset progression cases of similar scenario like yours, they will sell off their existing HDB and purchase a bigger private property for own stay and another small private property for investment through rental under sole ownership.

Hope the above helps!

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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We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

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Geryl Lim
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Hi Thomas,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, HDB does not allowed it unfortunately. So what some of the clients would do would be to sell off the existing HDB flat and each will purchase a private property in order to save on the ABSD. One unit is for stay while the other to be rented out.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Mr. Thomas,

1) The HDB prohibited the decoupling of HDB flats in 2016.
2) Therefore your idea of decoupling in your HDB flat cannot be done anymore.
3) You can still own 1 HDB and condo provided you are prepared to pay an ABSD of 17% on the 2nd residential property if you are a Singapore Citizen.

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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Hi Thomas,

I regret to inform you that this is no longer possible. You will not be able to "buy over" your Wife's share of the HDB.

Having said that, there are still other ways to own 2 properties with minimal stamp fees involved.

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