Singaporean loses HDB flat after foreign wife run away

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Singaporean loses HDB flat after foreign wife run away

Postby carilyn » Thu May 10, 2012 11:52 am

http://forums.asiaone.com/showthread.php?t=49538#1

Is this really HDB ruling? Concerned becoz some family members have married foreign spouse..

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Re: Singaporean loses HDB flat after foreign wife run away

Postby verykiasu2010 » Thu May 10, 2012 11:56 am

carilyn wrote:http://forums.asiaone.com/showthread.php?t=49538#1

Is this really HDB ruling? Concerned becoz some family members have married foreign spouse..


inability to service the mortgage will eventually lead to foreclosure and repossession, not just HDB flats, but everything else -- car, condo, business machinery etc etc

nothing unique about this HDB case

no cause of worry of you have been servicing the mortgage regularly

the problem is not with non-citizen spouse who absconded

the problem is because the mortgage was not serviced
Last edited by verykiasu2010 on Thu May 10, 2012 12:01 pm, edited 1 time in total.
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Re: Singaporean loses HDB flat after foreign wife run away

Postby Nebbermind » Thu May 10, 2012 11:58 am

But HDB allows singles flat ownership for >35yrs old. Should he not borrow some money to payoff the outstanding replayment, seek MP help to 'convert' the ownership due to exceptional circumstances and then sell it at market price?

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Re: Singaporean loses HDB flat after foreign wife run away

Postby verykiasu2010 » Thu May 10, 2012 12:00 pm

http://forums.asiaone.com/showthread.php?t=49538#1


Originally Posted by loveyrgovt View Post
S’porean loses HDB after foreign wife runs away

Billy (not his real name) is a 41 year old Singaporean male, who married a foreign spouse. After marrying him, she obtained permanent residency (PR) status.

Subsequently, she left Singapore on a flight to Los Angeles in 2007, and has not been contactable since. Her PR status has also lapsed.

As Billy has not been able to earn enough due to business failure to pay for his HDB 3-room resale flat mortgage, he has been served with a Notice of Vesting & To Take Possession.

The compulsory acquisition compensation at 90 per cent of valuation is $229,000.

However, according to Billy, the valuation for his flat is about $330,000, excluding cash-over-valuation (COV).

Since his wife is a joint tenant of the flat, he is unable to sell or rent out his flat. She did not contribute a single cent for the flat or the household expenses.

Despite numerous communications and appeals to the HDB, Legal Aid Bureau and his Member of Parliament (MP), his flat will now be repossessed on 16 May, as per the HDB’s final communication to him on 2 May.

Billy said “What’s the point of everybody keep asking me to appeal, when I always face rejection all the time?”

Because of the low acquisition compensation of $229,000, Billy is unable to buy even the cheapest resale 2-room flat in the open market.

If he can get his flat’s current valuation of about $330,000 plus COV, it is likely that he may be able to buy a resale 2-room flat.

Recently, Billy was denied his right to vote in the Home Improvement Programme (HIP) for his block, as the letter said that: “Please note that you are not eligible to vote because you are served the Notice of Intention due to mortgage arrears.” “However, you will be required to pay the cost of the HIP and LUP works if the poll for the HIP and LUP works are successful.”

Leong Sze Hian

++++++++++++++++++++++++++++

the title of the article is misleading and mischievious

what is the purpose of a Harvard graduate who can't even put an appropriate title to a story and trying to mislead and fan anti-gov't feeling ?
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Re: Singaporean loses HDB flat after foreign wife run away

Postby Nebbermind » Thu May 10, 2012 12:05 pm

Just curious....should someone married a PR in Singapore ROM and who subsequently loses the PR status and not allowed to come freely into SG, will HDB still accept his 'married' status?

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Re: Singaporean loses HDB flat after foreign wife run away

Postby carilyn » Thu May 10, 2012 12:07 pm

I think the person can enter Singapore via short or long term visit pass right?

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Re: Singaporean loses HDB flat after foreign wife run away

Postby verykiasu2010 » Thu May 10, 2012 12:09 pm

Nebbermind wrote:Just curious....should someone married a PR in Singapore ROM and who subsequently loses the PR status and not allowed to come freely into SG, will HDB still accept his 'married' status?


unless HDB has to power to annul a marriage due to a spouse not in singapore ?

no one has to power to decide except the judge in a legal proceeding

if the PR after becoming a spouse and remains in singapore and even subsequently loses employment - he/she remains a permanent resident unless he/she leave the country without a re-entry permit

PR = permanent resident; not necessary permanent employment
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Re: Singaporean loses HDB flat after foreign wife run away

Postby Sun_2010 » Thu May 10, 2012 12:11 pm

carilyn wrote:I think the person can enter Singapore via short or long term visit pass right?

If she is not a citizen or has lost PR status then she cannot be a owner of a HDB flat.

The problem here is that the man in question is not able to service his loan. It would not make a difference if the wife was a citizen, would it?
Last edited by Sun_2010 on Thu May 10, 2012 12:12 pm, edited 1 time in total.

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Re: Singaporean loses HDB flat after foreign wife run away

Postby verykiasu2010 » Thu May 10, 2012 12:11 pm

carilyn wrote:I think the person can enter Singapore via short or long term visit pass right?


the person should not leave singapore if he/she does not have a valid re-entry permit.
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Re: Singaporean loses HDB flat after foreign wife run away

Postby verykiasu2010 » Thu May 10, 2012 12:13 pm

Sun_2010 wrote:
carilyn wrote:I think the person can enter Singapore via short or long term visit pass right?

If she is not a citizen or has lost PR status then she cannot be a owner of a HDB flat.

The problem here is that the man in question is not able to service his loan. It would not make a difference if the wife was a citizen, would it?


you are right

it is not a matter of citizenship in this case

the question is ability to service the mortgage

the article title was crafted to mislead
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