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Comment on Buying property under your child’s name: Is it a good idea? by 99.co

In reply to <a href="https://www.99.co/singapore/insider/buying-property-under-your-childs-name-is-it-a-good-idea/#comment-211654">Jesselyn</a>. Hi Jesselyn, As your child is an essential occupier of your existing flat and still serving MOP for it, you cannot buy a private property under that same child's name (even if other eligibility conditions are met). You should wait until after you serve your MOP (and ensure that at least one owner of the household is a Singapore Citizen), before an essential occupier (like your child) can buy private property. Hope this helps. Here's the link if you need to check in with HDB as well: https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/changing-owners-occupiers/change-in-occupiers/eligibility

Most expensive HDB executive flat in Singapore: Bukit Timah’s Toh Yi Drive maisonette sold for S$1.291m

Another day, another record-breaker, but this time, it’s an all-time-high national record. In December 2022, a low-floor (1st to 3rd-floor range), 1,615-square-foot executive maisonette HDB flat at 3 Toh Yi Drive (Bukit Timah), was sold for S$1,290,800 or S$799 psf. This has made it not just the most expensive HDB resale flat in Bukit Timah,…

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With December 2021 and September 2022 cooling measures, what can you upgrade to if you were to sell your existing property today?

When the September 30 cooling measures were announced, different segments of potential homebuyers and sellers were affected. For example, suppose you’re a first-time 2- or 3-bedroom HDB BTO owner who has completed your 5-year Minimum Occupation Period. In that case, you may wonder if you’ll be impacted if you sell your HDB flat in the…

The post With December 2021 and September 2022 cooling measures, what can you upgrade to if you were to sell your existing property today? appeared first on .

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