Asked by Anonymous
Hi. My mother, a widow, 64 yo, had purchased a new HDB back in 1980s and sold in 1997, and chose to defer payment on resale levy (5% interest accrued annually). Since then, we have stayed in resale HDBs and never had to care about resale levy. Even though she is a second-timer, she is unable to buy a new flat given that the resale levy has accumulated to 300k +++.
Since I'm 30 and single, I would like to buy a BTO, listing my mother as essential occupier and buying under the public scheme. I become the owner of the house and my mother, an essential occupier. Is this possible?
If I successfully ballot a 4 room HDB, with my mother as an essential occupier (my mother will have to dispose her HDB before we get the keys to the new flat), are we still liable to pay the resale levy?
Since I'm 30 and single, I would like to buy a BTO, listing my mother as essential occupier and buying under the public scheme. I become the owner of the house and my mother, an essential occupier. Is this possible?
If I successfully ballot a 4 room HDB, with my mother as an essential occupier (my mother will have to dispose her HDB before we get the keys to the new flat), are we still liable to pay the resale levy?
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