AskGuru Q&A Community

Good afternoon buyer,

Yes as SPR household who are purchasing a resale HDB, you have to dispose off the interest of your overseas residential property within 6 months from completion date.

If you have intention to hold on to it, I will advise you to appeal first before committing.

I am currently assisting with a few SPR clients in their appeals. If you need any assistance, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More

Afternoon,

For SPR buyers, it is a requirement that they do not hold any existing residential properties under their name. You will be required to remove the ownership within 6 months from date of key collection.

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

Hi, I'm afraid for your situation, you will have to transfer the ownership to your parents upon purchasing a resale HDB unit in Singapore.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More