We set the terms to sell our HDB in the market and equally divide the sales. Till now, i’m still worried if she can live on her own and whether she have enough $$ to survive outside. Although i’m not very rich, i still plan to transfer her monthly allowance although i’m paying for my kid everything. I could temporary stay at my sis house as i know applying new BTO will take 3 years. Still leaving me homeless for the next few years.You are not going homeless. The court will divide HDB equally unless otherwise stated in final judgement court order. What you have contributed is yours and vice versa. Once you found a buyer and signed HDB buyers option doc with buyer, you have around 8 weeks to hand over the keys. In the HDB buyers option doc, you can state that you want another 1-2months extension from the buyer (this is normal practise), this will give you total of 4 months timeline - to buy, move out, or renovate new place.
Then 3 days after signing the
HDB buyers option, login to HDB and "request to buy" (your new HDB) and start looking for it immediately. HDB & CPF will work together and are very efficient (left pocket/ right pocket), but they will need final judgement court order to proceed. Therefore it is VERY important what's is written the court order.
I took over my HDB and paid with him CPF ( I had this written in the court order) so it was easy transaction. Now, he got his new place and will be collecting key to his new HDB mid May.