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Hi, i am asking on behalf of my parents and their unit under their name. We are staying in EM located at Jurong West Avenue 5, Blk 726. I wish to know if my parents can apply for BTO/Sales of balance flat under HDB under their name or not? If not why, if yes then may i know how like the downpayment and all that? And if we take resale flat most probably [Tampines or Pasir Ris area], we wish to downgrade so basically taking 5A or 4A? Our budget is not more than $450k for 4A and not more than $500k for 5A. Thanks.
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1 Answer

Mike Lim
Replied
Evening,

In order for your parents to apply for BTO / SBF, either of them must be SC and have not purchased subsidized unit from HDB more than once. They will also be liable for the levy payable on the first unit that they have sold.

With the current market, to get 4A unit within $450k and 5A unit within $500k, located within Tampines, it's almost impossible.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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