AskGuru Q&A Community

Hi,

Yes you will need to sell your overseas property to purchase hdb here, otherwise an appeal is required before you commit to anything. Approval will be on case by case basis. Thanks and hope to assist further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Evening,

In principle, you will be required to sell off your private property within 6 months from key collection of your unit. However, should you be able to proof that the Malaysia property had being bought solely for the purpose of housing your parents and that they do not have an alternative means of housing, we can try to write to HDB and appeal for the case.

Do contact me further should you require my assistance.

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

Good evening buyers,

I had advised at least 3 different groups of SPR buyers to seek approval to keep their Malaysian property before committing into a resale flat last year. I am afraid to inform you that all 3 of them failed in their appeal.

But nevertheless 3 of them have different reasons to hold on to their overseas property. I will strongly advise you to appeal first before proceeding with househunting.

Hope my sharing is beneficial to your property purchase.

Wish I can continue to value add in your purchase.

Btw do take note that both of you must be SPRs for at least 3 years individually to be eligible to purchase a resale HDB and will have to sell off malaysian property within 6 months from completion date.

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 Read More

Hi buyer,

I assume you need the house in Singapore for stay and not investment, hence you should
1) start house hunting,
2) appeal to HDB; if it doesn't work out
3) try resale EC/private if circumstances allow,
4) or transfer the Malaysian property to your parents' names

Feel free to contact me at your convenience and I'd follow through all these with you.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Hi Sir,

The chance of HDB approving the appeal is quite slim. I would suggest that you transfer the ownership of the Malaysia properties to your parents instead. This will be a more straightforward way of owning a HDB in Singapore.

If you wish to try to appeal, I can provide you with some assistance as well. Please feel free to contact me so that I can discuss with you further!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nicktan@propertyavenue.com.sg / nick96444854@gmail.com
(W) www.nick-tan.com / www.propertyavenue.com.sg

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“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 appreciate an agent that takes care and can give the customer a peaceful mind.”
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi,

Re: Our Preferred Experienced SG Professional

If your foreigner property is more than 3 years old, you can submit appeal.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | CES Certified SG Realtor l SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgrealtor.com
Skype: incomecare

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