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Kiwi Lim

Edited 24 Feb 2023

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Potential issues & challenges when inheriting a HDB flat

Inheriting a Housing and Development Board (HDB) flat can be troublesome for several reasons. In this article, we discuss a few potential challenges that one might face when inheriting an HDB flat.

https://www.latestprojectlaunch.com/hdb-inherit...

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If I own a private property today and got inherited a 4rm HDB flat, am I able to keep the HDB flat? And how do I find out if the inherited unit has been a non-subsidized HDB flat or not?

I bought a HDB flat with my parents and paying for it MYSELF, still left 15 years. They are occupiers only. If they get another flat due to inheritance, can they move there while I continue paying?

Imagining I had the money, should I buy an old HDB flat, renovate it and lease it out for a potential rental that will cover the entire cost of the flat and renovation?

Does one need to pay Stamp Duty for a HDB flat inherited under the Intestate Succession Act (without will)? Any other fees & charges that may be required?

Is there any singles who're in their mid-40s to early 50s, who is considering purchasing a first HDB Flat in the next 2-5 years? Do you have any advice and what are the challenges you experience?

Related Posts

If I own a private property today and got inherited a 4rm HDB flat, am I able to keep the HDB flat? And how do I find out if the inherited unit has been a non-subsidized HDB flat or not?

I bought a HDB flat with my parents and paying for it MYSELF, still left 15 years. They are occupiers only. If they get another flat due to inheritance, can they move there while I continue paying?

Imagining I had the money, should I buy an old HDB flat, renovate it and lease it out for a potential rental that will cover the entire cost of the flat and renovation?

Does one need to pay Stamp Duty for a HDB flat inherited under the Intestate Succession Act (without will)? Any other fees & charges that may be required?

Is there any singles who're in their mid-40s to early 50s, who is considering purchasing a first HDB Flat in the next 2-5 years? Do you have any advice and what are the challenges you experience?

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