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Hi,

If you are purchasing a condo soon, you shouldn't add your name into the hdb as the 5 year MOP will apply and you can't get the condo. Also after 5 years, the condo will be considered your 2nd property since you also own the hdb and the 12% ABSD will apply.

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
ERA Diamond Achiever

ERA Top 11 Achiever in June 2020 (Top 1% Company Level)
ERA Top 91 Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15 Achiever in April 2019 (Top 1% Company Level)
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ERA Top 510 Achiever in Year 2019 (Top 8% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

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-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --

I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.

-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan. Read More

Hi
If you are intending to purchase a condo unit soon, adding your name inside the HDB will complicate things as you won't be allowed to purchase a private property till 5 years MOP and even if you are willing to wait the 5 years period, 12% ABSD will apply by then as you will be considered owning 2nd property. To answer your concern with regards to inheritance, should your spouse pass on, the share of the flat will be distributed in accordance to his will or in the absence of will, interstate law will apply. This is assuming his sister is not named as one of the owner to the house. If his sister is named as one of the owner, I need to find out whether the house is held as joint tenancy or tenancy in common in order to advise further. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

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.

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

Hi Yes adding your name will have complications, do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Hi Mdm,

Is your husband the sole owner of the flat? Or is he a co-owner with his sister? If the flat is co-owned, it does not matter if you add your name to the flat, because his sister is also the owner.

Also, if you intend to purchase a condo, you should not add your name in the flat. This is because you will need to fulfill a new 5-year MOP, and also pay ABSD for your second property purchase.

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