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My Mom owned a HDB rm, purchased from resale market, no outstanding loan and stayed there for more 5 years. She wish to pass the HDB to her son (me) upon her passing away. But I currently owns private properties.

Can the HDB flat be owned by me or must it be sold away?
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1 Answer

Afternoon Rick,

Under the current ruling, if you intend to keep the HDB unit, you are required to sell off your private property. If you want to keep your private property, you are required to sell off the HDB unit.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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