Quote:
Originally Posted by rix6669
I don't think is hdb take back everything. But surrender to hdb is hdb buy back at below market value. Is this correct?
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apply to hdb first to sell before MOP due to divorce.
HDB will approve and give 6 months to sell in open market.
If not sold after 6 months, HDB will buy the flat back at 90% of market valuation. So as long as its above 90% valuation, just sell it in the market.