Property Views

[TheAnswer]

Our HDB is not in ideal location and we plan to permanently axe our area out…

[starlight1968sg]

Funz:

bb_ mom:

Same plan! Hopefully by then, can buy small HDB without selling our current place.

Thought not allowed?

http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyResaleFlatPublicScheme?OpenDocument

Thanks for sharing and I extracted ths gist:
If you or any person listed in your resale flat application owns private residential property (locally or overseas), you may still buy a resale flat without any CPF housing grant or HDB loan but you must dispose of the private property within six months of the purchase of the resale flat.

[TheAnswer]

If can, want to get 2 private and 1 commercial property… Already got our first private property… At most hubby and I can finance 1 private property each unless there is a big hike in our income or share with parent/siblings… If we buy commercial then we need to sell HDB to help pay for it… Currently only looking for freehold properties… slowly… now only look for those we can manage on our own…

[TheAnswer]

starlight1968sg:

Funz:

[quote=\"bb_ mom\"]Same plan! Hopefully by then, can buy small HDB without selling our current place.

Thought not allowed?

http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyResaleFlatPublicScheme?OpenDocument

Thanks for sharing and I extracted ths gist:
If you or any person listed in your resale flat application owns private residential property (locally or overseas), you may still buy a resale flat without any CPF housing grant or HDB loan but you must dispose of the private property within six months of the purchase of the resale flat.[/quote]By that time, transfer to Sonny's name one freehold property n maybe dispose Lakeville.. wont keep Lakeville for more than 20 years.. leasehold dun think we will keep too long..

[bb_ mom]

Starlight - we’re not at hdb now. Now at private apartment which we hope to rent out if we can downgrade to smaller place in future.


Funz - yes, it’s not allowed now. But hoping it’ll be relaxed in future. Downgrading plan not for another 10 to 15 years.

[starlight1968sg]

bb_ mom:

Starlight - we're not at hdb now. Now at private apartment which we hope to rent out if we can downgrade to smaller place in future.

I am quite surprised that even buying a resale hdb is not allowed unless you dispose your private ppty within 6mths.

[sleepy]

If buy sub sale/ resale condo, what will be your consideration?

[TheAnswer]

sleepy:

If buy sub sale/ resale condo, what will be your consideration?

Remaining lease and location.. I won't buy a leasehold condo which is more than 15 years old.. Next time dunno can sell anot.. U saw sth u like?

[TheAnswer]

starlight1968sg:

bb_ mom:

Starlight - we're not at hdb now. Now at private apartment which we hope to rent out if we can downgrade to smaller place in future.

I am quite surprised that even buying a resale hdb is not allowed unless you dispose your private ppty within 6mths.

Rules may change in the future.. A lot of excess housing now..

[Ikid]

sleepy:

If buy sub sale/ resale condo, what will be your consideration?

Location, layout, price, Neighbour (resale)