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Good afternoon,

If you are a legally married couple, unfortunately both names will have to be included for the resale HDB purchase as HDB requires both of your names to form a family nucleus so as to be eligible. This means the EC will still have to be sold, which may not be what you intended originally.

Alternatively you can consider to decouple and purchase a smaller private property under 1 individual name instead. This will help you to achieve the goal to have 2 properties in the portfolio, one for own stay one for rental.

Hope the above clarifies. May I have more info and requirements about your plans so as 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

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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.

EC Seller Mr. Siah : We have had a positive experience with Ivan throughout the sale of our EC. He is a very responsible and helpful agent. He managed to sell our EC within a month, which exceeded our expectations. He has gone the extra mile to ensure there are interested buyers viewing our flat every weekend, and has provided frequent updates on the progress. On top, he has provided valuable advice in our property planning journey. He is someone who listens to the needs of his clients, but at the same time value add by adding his own perspective and insights to what works the best. We are very grateful to have him through this sale, especially since this was our first time selling our EC. 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. By the way, this method can’t work for your case because for the next purchase of the HDB flat, both of your name will have to be included on the OTP.

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

Dear sir/mdm,

Are both of you married? If yes, then you are able to decouple but unable to purchase a HDB resale flat unless you intend to sell the EC after purchasing the resale HDB. This is a rule by HDB since both of you are married couple.

I have been in the real estate business since 2009, with more than 13 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.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
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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Hi Sir/Mdm,

Every individual case is different and I would suggest you talk to a trusted agent for a more in-depth analysis of your current situation, the financial standing (sales proceeds, CPF matters and funds for next house etc) and what are your available options within the possible options that will meet your needs.

All the readings and researching can be made easier with just a friendly discussion!

Do call me at 8782 0722  for a non-obligatory meetup so I can find out more on your specific circumstance and show you what are your available options. Or simply give me a call first!

Thank you!

Charis Tan
HP : 8782 0722 
R058802H
Propnex Realty Read More

Hi,
You can decouple and it takes about 6 weeks. However, you or your spouse cannot buy an HDB flat because both your names has to be in the application either as owner or occupier. You cannot do that if you own a private property. EC is private after 5 years and singles can buy them just like a private property. I would suggest you or your spouse buy another EC as an investment.

Do contact me for more details.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More

Good morning Sir/ Mdm,

Sorry to inform you that both of your names are required to be included in the hdb purchase as both of you are married so your proposal will not work even you proceed with decoupling.

Care to share more about your intention so I will be in a better position to advise and assist further.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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Hi Sir/Mdm,

Yes decoupling is possible after the EC MOP and a lot of my clients did exactly that. The cost involves are the stamp duty for the part purchase and legal fees of about 6k. However is it not possible for the outgoing party to purchase a HDB flat as buyers for HDB flat are required to form a family nucleus to buy and both husband and wife names will need to be included either as owner or essential occupier.

However, you are able to use the free up name to invest in a private property instead. Feel free to contact me so that I can understand your situation better and I can better advise the best steps moving forward.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020 / 2022

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Testimonial from Satisfied Clients
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would Read More

Hi,

1) Yes, you may do decoupling once you have met the MOP of the EC.
2) No, you are not allowed to buy an HDB resale flat alone if you are married.
3) A married couple is considered a single entity when come to buying an HDB flat. Both names have to be inserted for the purchase application.
4) Your cost is mainly on the tax and legal fees, so it is dependent on the value of the shares selling for the buyer stamp duty. Whereas the legal fees are for buying and selling so it is around $5~$7k depending on the law firm engaged.
5) The timing of completion is around 3 months for properties with an outstanding loan, and 2 months for properties without any outstanding loans.
6) If both owners are not married couples, but are joint singles then the outgoing owner can buy an HDB flat 4-rm and smaller after selling the EC shares.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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