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Understand with overseas property, we cannot upgrade to a bigger resale HDB and that we have to disposed within 6mths from completion of purchase. Does disposed also means i can just remove my name w/o selling the property as my parents are living there. We are SC.
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2 Answers

Ivan Ng
Replied
Hi,

Yes as long as your name is removed/withdrawn from the overseas property, it is considered disposed. (ie your ownership status is disposed).

Thanks and may I understand your housing requirements further so to value-add further to your upgrading plans. Hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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YT Tan (陈永达)
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Good evening upgrader,

Yes for instance, if you decide to transfer the ownership to your parents, it will be considered as disposal of interest in overseas property.

Hope my explanation helps!

If you need any assistance or advice in your property upgrade, 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
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