When families fight over HDB flats

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When buying properties, it pays to know the rules so that you don’t end up short-changing yourself.

Disputes over Housing Board flats tend to be less complicated than those involving private real estate because the rules governing public housing are simpler and accessible to the public online.

Unlike private property, which does not have minimum holding periods, HDB owners must observe a five-year MOP for most flats and 10 years for “prime location” ones. Everything came down to how much each of them had spent on the flat, which was bought with a loan and money from their CPF accounts. He devised a strange plan to get his former wife to transfer the flat to him, but without making his intention clear.

As a result, the former wife was awarded the whole flat, which remained the home for her and their children.Only registered owners matter Before his marriage, the son convinced his parents to register the new flat in his name so they would not need to pay a resale levy that existing HDB owners must pay when they buy another new apartment.

 

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