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Can my mum 86 years old buy a 5 room resale HDB by paying up in full?

Can my mum 86 years old buy a 5 room HDB after full payment - be owner and her grandchild 21 years as occupier?

How soon must the HDB be sold upon her death?

or Can grandchild become single owner upon death of granny?

is grandchild considered to have utilised the first of two chances to buy direct from HDB although no loan has been taken up?
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1 Answer

Afternoon,

There isn't any age limit for buyers who choose to pay off by cash. For owners who have drafted WILL, the executor will work accordingly to it. If you are Willed the unit, you might have to sell it off within 6 months as you do not fulfill the eligibility scheme.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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