Buying a HDB resale flat together?

Discuss about where to live, renting a property, tenancy issues, property trend and property investment in Singapore.
Post Reply
sohb
Newbie
Newbie
Posts: 2
Joined: Thu, 04 Apr 2013 1:30 am

Buying a HDB resale flat together?

Post by sohb » Thu, 04 Apr 2013 1:33 am

She is a Singaporean, I am moving there from Europe - how are the rules on buying one together, would it be possible? Or does she have to be the sole owner?

Any ideas how to solve this as I would like to be a co-owner with the same ownership % as my capital contribution.

Thanks for any help and input! :))

Singapore Property Search

 

offshoreoildude
Manager
Manager
Posts: 1582
Joined: Wed, 04 Jul 2012 9:45 pm

Post by offshoreoildude » Thu, 04 Apr 2013 6:05 am

HDB: Not possible unless you become a PR. She also needs to fulfil the rules as a Single person (over 35 yo).

Private apt: you can hold certain properties as a foreigner.

In your situation I would have a private side contract (loan or pre nup) drawn up to guarantee your contribution is recognized if you split.
Now I'm called PNGMK

User avatar
zzm9980
Governor
Governor
Posts: 6869
Joined: Wed, 06 Jul 2011 1:35 pm
Location: Once more unto the breach

Post by zzm9980 » Thu, 04 Apr 2013 6:06 am

You need to be a PR. Eligibility rules for resale HDB are written plain as day here:
http://www.hdb.gov.sg/fi10/fi10321p.nsf ... ilitytobuy

Click on each 'scheme name' for specifics.


edit: osod beat me

sohb
Newbie
Newbie
Posts: 2
Joined: Thu, 04 Apr 2013 1:30 am

Post by sohb » Thu, 04 Apr 2013 7:18 am

Thanks guys, most appreciated!

Great site, thanks for sharing!

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Property Talk, Housing & Rental”

Who is online

Users browsing this forum: No registered users and 11 guests