How will assets such as HDB and bank account be split during a divorce?

The division of matrimonial assets is a key concern for most parties when they consult lawyers about divorce proceedings, since real estate is expensive in Singapore and about 80% of Singaporeans live in public housing. It is a common misconception that matrimonial assets are divided equally between couples upon divorce by default. In reality, the division of matrimonial assets is determined through a mathematical calculation of parties' direct financial contributions (i.e. payments towards the purchase of the property and housing loan) and indirect contributions which include factors such as length of marriage, children, payments for household and children's expenses etc. Based on case precedents and with experience, matrimonial lawyers should be able to tell you what the division of matrimonial assets will roughly be at your first consultation session.