Asked by Anonymous
Dear Gurus,
My parents, husband and I are planning to purchase a resale HDB. Out of the 4 applicants, only my father is a SC the others are PRS(>3years).
Currently, my mother and brother have bought a flat together. Plan to transfer ownership of the flat to my brother.
My father has previously bought two flats under his name, one from the resale market and the other from HDB. Both with HDB loan.
Now for our planned purchase, we plan to take a bank loan.
My question is, no need to pay 40,000 resale levy since buying resale? Since of the applicants is a SC no need to pay the additional stamp duty of 5% charged for PRS?
My parents, husband and I are planning to purchase a resale HDB. Out of the 4 applicants, only my father is a SC the others are PRS(>3years).
Currently, my mother and brother have bought a flat together. Plan to transfer ownership of the flat to my brother.
My father has previously bought two flats under his name, one from the resale market and the other from HDB. Both with HDB loan.
Now for our planned purchase, we plan to take a bank loan.
My question is, no need to pay 40,000 resale levy since buying resale? Since of the applicants is a SC no need to pay the additional stamp duty of 5% charged for PRS?
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