You can purchase a resale flat right now, just need to dispose off your interest in overseas property within 6 months from completion date will do.
If you want to hold on to it or sell it after it TOP, i will advise you to appeal first before committing to any purchase. The approval will be based on a case by case basis.
Btw do take note that both of you must be SPRs for at least 3 years respectively in order to be eligible to purchase a resale HDB.
Hope my sharing is beneficial to your property purchase.
Wish I can continue to value add in your purchase.
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727
(M): +65 9111 5171
(W):www.yttan.com Read More
It doesn't matter whether the property is completed or not, after signing the S&P, you're considered to have an interest in the property, and have to dispose of it within 6 months of buying a resale HDB. This applies to uncompleted Singapore or overseas properties all the same.
Feel free to contact me at your convenience for further discussion and planning.
Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More
1. You will be required to dispose off your overseas properties within 6 months of the completion of the purchase of your resale flat. Alternatively, you may wish to transfer the ownership of this property to your family members or relatives as the chances of an approved appeal is quite slim.
2. Have both of you satisfied the 3 years requirement of PRship before you are eligible to purchase a HDB? I will be more than happy to assist you to draft up a comprehensive financial plan and assist you in the purchase.
Please feel free to contact me at 9644 4854 to discuss further!
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.”
Susana (Buyer of HDB)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“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 from Property Avenue 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) Read More