Jan
15
2010
Thank you for your question
Received a call this morning from a lady, sorry line got cut off. Her question was “Can a foreigner who is single purchase a HDB Resale flat?”
The answer is “No”. Single, foreigner or Singapore PR is not allowed to purchase HDB Resale flat even though he/she is above 35 years old. Singapore permanent resident is not “permanent”, subject to approval and Re-Entry permit renewal. Singapore PR is a Foreigner with a PR Status and eligibility in relation to buying HDB Resale has remained unchanged.
Dear sir ,
I would like to know about the resale flat validity. Just one week before i was singed a HDB flat , but this house is 35 years old and 1996 is was fully renebated. MY question is now 35 years this block , then how many years can use this block, After that we go where ?? Either need to buy house again ????? How about my veluation money ?
Thanks
Aman
S7864187H
HDB Resale flats are 99-year leasehold properties.
Old flats(above 30 years) are subjected to possible -
1. Enbloc
2. Major Upgrade
3. Minor Improvement
Notices will be given long before these happen.
Most probably you’ll sell your flat in the open market. You can sell after 1 year(if you took up loan from bank), 2.5 years(HDB loan) & 5 years(if Grant is involved).
Valuation is most definately won’t be the same by the time you sell. As for Cash-over-Valuation, its your call really.
Dear Sir,
I read that …with effect 1 Feb 2010, flat owners must register the subletting with HDB within 7 days of doing so. They must also continue to live in the flat during the period of subletting and comply with other subletting conditions.
How is this registration done ? can it be done online ? what info is required ? will there be a regular fee imposed ? will we need to pay everytime there’s a change in room tenant ?
Here are the links. Hope these help.
Guidelines for Renting Out Rooms
HDB Online Flat and Room Rental Application
Dear Sir,
Thank you for your fast reply. I’ve another question. Upon purchase of a resale flat, can we still buy a private property ? how long do we have to wait to be allowed to buy one?
Thanks
You can purchase private property even if you own a HDB flat. There’s no time frame involved but consider these:
1. You must stay in HDB flat and rent out your private property.
2. There will be no property tax rebate on your private property.
I hope you are not thinking of subletting your entire flat without HDB approval. Its illegal.