AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hi,

My BTO flat is ready for keys collection in mid 2014.

I am thinking of listing only myself as the Owner/applicant and my husband as the Essential Occupier.
This is because my income and CPF is sufficent for the monthtly instalments.

My question is :

If I am able to list my husband as the Essential Occupier under the BTO HDB, does it mean that he can also buy a private property without being subject to ABSD ?

Would he be able to get full 80% loan if his income permits?

Please advise. Thank You.
0 •
836 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Mike Lim
Replied
Morning Ms. Yan,

You have purchase BTO because you have formed a family union with your spouse therefore both names have to be listed as owners, unless you have purchased the unit under non citizen spouse scheme.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions