Hi,
1) Yes, your parents can sell the HDB below the market rate to you.
2) However, this is subject to the HDB approval. You and your parents must have a strong valid reason for doing so.
3) Do note that if your parents utilized their CPF to pay the flat. The CPF board would request them to return all utilized funds + accrued interest since they are selling under the market value.
Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!
Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Read More