AskGuru Q&A Community

Hi,

Firstly, in order to be eligible to purchase a resale HDB flat under Single Scheme, you will have to be at least 35 years of age.

The cash amount you will need to fork out depends on the property purchase price, and also how much you are able to loan. It can be as low as $2, if you have sufficient funds from your CPF for the downpayment, coupled with your loan amount to cover the balance.

Maximum price you can purchase depends on various factors, for example, your loan eligibility, cash downpayment, etc. I will need more figures from you in order to better advice.

Lastly, it is not possible to take out your Mother's name from the HDB flat that she co-owns with your Father. HDB will not allow it, unless your parents undergo a divorce. Also, in the event of a divorce, your Father will have to "buy over" the flat from your Mother, and pay back her all her CPF monies that has been used on the flat.

I am experienced and well-versed in both private and HDB resale transactions. My area of focus is in Central/Queenstown/Bukit Merah/West region. I will be able to assist you in your home purchase. Please get in touch with me for a more in-depth discussion.

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

Good Evening,

Thank you for your query. We are Annie and Joel from OrangeTee, and with us you have twice the support than engaging someone else.

We look forward to hearing for you in order to better plan the timelines involved with HDB Selling and Buying. This can be a complicated process, but we will be able to best advise you on your housing journey. It is not possible to take out your mother's name in order to buy with you, as she needs to form a family nucleus in the previous unit despite it being fully paid.

We understand the difficulties and challenges of buying a property for the first time, and look forward to providing our help and advice. Hope you give us an opportunity to hear what we have to say before you commit to what might be possibly the biggest purchase in your lifetime.

As we are not able to contact you, we look forward to your call or Whatsapp, in order for us to better assist you.

Thank you very much and look forward to hearing from you!

Regards,
Annie Zhou
R060551H
 8753-1128 
Just copy and paste link to browser to chat ---> https://wa.me/6587531128
annie.zhou@orangetee.com

Joel Ng
R043851D
MSc (Real Estate), NUS
 9337-8447 
Just copy and paste link to browser to chat ---> https://wa.me/6593378447
joel.ng@orangetee.com Read More