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Hi. I am a divorced Male 35 YO with joint custody of my child.

Question 1: Would I be able to form a family nucleus with my kid to apply for BTO?
Question 2: With a gross income of $5000 and CPF OA of 100k, what is a comfortable price of a resale unit which i can afford?

Thank you!
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2 Answers

Hi

In cases of joint custody, only 1 party is allowed to form a public nucleus with the child. You have to obtain a written agreement with your wife allowing you to apply for BTO and she will no longer be able to form a family nuclues with the said child to purchase a BTO. Alternatively, you may consider applying for 2 room flexi flat located in non ature estate area for singles scheme. As for your question of a comfortable budget on a resale flat, assuming you have already enjoyed 1 housing subsidy and no longer eligible to take up any grant, you can afford a flat in a budget of roughly $300,000 taking into account the information you provided above. Do contact me at 93375051  for a free and non obligatory discussions in regards to this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
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Robbie Chen Chee Howe
Hi Sir,

Yes, you will be able to form a family nucleus with your child, provided your ex-spouse approves. This is because you have joint custody, and if you were to form a family nucleus with your child, your ex-spouse will not be able to form another family nucleus with your child.

In terms of financials for your flat purchase, it would be better if we can discuss further in depth. This is to ascertain whether you are eligible for any grants.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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