As a homeowner in Singapore, understanding the process and implications of changing HDB ownership is crucial. Oftentimes, the first thought that pops up in everyone’s minds when it comes to the transfer of ownership is via HDB resale.
While that is the more prevalent occurrence in day to day life with the booming housing market, existing HDB flat owners might find it necessary to modify the ownership status of their flat due to shifts in their family circumstances, including instances like divorce, marriage, or the passing of a flat owner.
Whether you are currently considering transferring ownership between family members, this article will provide you with a comprehensive