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Hi, appreciate your sharing. Able to check with banker on the loan first to prepare and work out your budget = (Loan + CPF OA + cash on hand)
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Yes, there is issue. Based on the current rules, you are not suppose to own any overseas property when you buy resale HDB and if you own any overseas property, you will need to sell it and wait for 15 months before you are eligible to buy a resale HDB. Unless the property in Malaysia is not under your name.

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
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

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Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi,

1) Since the new cooling measure was implemented on 30th Spe 2022. Anyone who owned a private residential property locally or overseas is not eligible to buy any HDB flat.
2) Those who owned private residential property have to observe a 15-month wait-out period after selling their private residential property to be eligible to buy a resale HDB flat and a 30-month wait-out period for a BTO/SBF.
3) These private residential properties will include both ready-for-stay and uncompleted projects.
4) As long as the property is under one of your names will deem not eligible to buy HDB flat.
5) So if your main objective is to buy an HDB flat in the near future it is not advisable for you to get yourself into such untangled situation.
6) If you have sufficient cash to purchase and put the property under your parents' name then it will not be an issue.
7) The other option is to consider purchasing a private residential property in Singapore which has no constraint in your overseas purchase.
8) There is no ABSD incurred as well since the ABSD is computed based on the residential property in Singapore only.

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
https://www.linkedin.com/in/ckling/

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