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My wife has an overseas property which is fully paid up without using of any banks loans in Singapore. If we are to buy a hdb resale flat now, is this possible without disposing the overseas property. Do we need to declare on the overseas property to hdb at all.
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3 Answers

Aaron Chong
Replied
Hi, your wife would be required to sell the overseas property away if both of you intend to purchase a HDB unit.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Replied
Hi Sir,

Your wife is supposed to sign an undertaking to dispose off her interests in all residential properties (local and overseas) within 6 months of the HDB purchase.

If there are valid reasons for her to keep the overseas property, she might want to write in to appeal.

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
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Gavin Ng
Replied
Hi

In what circumstances did your wife buy the overseas property?

If you would like to text 9620 0827  , we can further understand your situation before we can advise you.

Regards

Gavin Read More
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