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Hi, as a single, 30 years old, am i allow to buy a resale HDB in a open market with my parents' name under the public singles scheme? As they own a HDB right now, do they have to sell their HDB? Thanks.
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1 Answer

Afternoon Alan,

You are allowed to purchase resale HDB unit with your parents as essential occupier under higher tier single grant. With this, you have to utilize HDB loan which means cap on your income ceiling. Your parents are also required to sell away their current unit within 6 months from key collection of your unit.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More
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