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HDB Questions

Asked by IamMk 25 May 2012

Current hdb flat is owned by my mum, fully paid. was thinking if it's possible to buy the flat from her, using my brother and my name. both me and my brother is below 35 years old?

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Mike Lim · Answer 1 · 2012-05-26T14:09:21+08:00

Mike Lim

Replied 26 May 2012

Afternoon,

Under the current ruling, sibling scheme is no longer available. If you are looking to purchase a resale flat, both of you have to be 35 years and above as you are currently not eligible for orphan scheme.

FYI
Mile Lim
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MJ

IamMk

Replied 28 May 2012

so is there any way for "cash out" on the flat? becuase my mum would like to sell the flat to me and my bro and need the money

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