HBD Implements New Guideline For Flat Ownership Change
- They are now constrained with the new decrees for transfer of ownership with allowed justifications which include the medical reasons, financial adversity, divorce, marriage, renunciation of citizenship and demise of an owner. The HBD recently invoked in April its new statute for shift of flat ownership among Singapore HBD flat owners. In the past, flat owners were tolerated to transfer their flat units to their close family members or to their better halves but that is not the case any longer. For more info on the Rising Projects, see https://www.propertyreview.sg/hdb-implements-new-rules-for-transfer-of-flat-ownership/.
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