5 Answers

Dear sir/madam,

Yes, you will be able to do so, however, do take note that your mother maybe required to return the CPF funds you have utilised for this condo. You will only be eligible to purchase a resale HDB in this scenario unless you wait out for a period of 30 months after removing your name.

I have been in the real estate business since 2009, with more than 12 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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Geryl Lim
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OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
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0
Hi,

Yes its possible. But as you are exiting the private property, your mum will need to refund the CPF you have utilized for the property + the accrued interest. If you are SPR as well, do note that both you and your partner need to be SPR for at least 3 years each to be eligible for resale HDB.

May I have more info and requirements about your plans so 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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0
Hi,

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, yes it is possible and provided your mum has enough CPF funds to take over yours.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi
It's possible but if you do finance the condo loan with your CPF previously, CPF board would require your mom to repay you back on the CPF principal plus accrued interest portion on the total amount previously financed through your CPF. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
CEA Reg No: R061607B
Marketing Director
ERA Realty Network Pte Ltd Read More
0
Robbie Chen Chee Howe
Hi,

Yes, it is possible. However, do take note that you are required to dispose off your interest in the private condo latest within 6 months upon the HDB flat purchase. And by disposing your interest in the condo, all the CPF funds that you had utilised for it (plus accrued interest) will have to be returned back to your CPF-OA.

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
0

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