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Hi

My parents HDB is fully paid up, just like to find out, if there any way they can sell the flat to me, so that they can get all the necessary money back to CPF and also cash on hand vs the conventional transfer of ownership.
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3 Answers

Hi, as long as your loan eligibility allows it and you falls under one of the HDB scheme to purchase, then there is no issue.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

Yes, if you are eligible to purchase a HDB flat on your own, you may choose to purchase your parent's flat. It will be treated like a normal transaction whereby you take loan for the purchase.

Should you need any 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
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Hi,

If you are eligible under one of the hdb resale purchase schemes and is able to finance the purchase, yes it will not be an issue. You might want to confirm with the hdb branch who will assess your case.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng Realtor ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude

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  • Thank you Ivan for the feedback, appreciated
    i Still have 2 more years to reach the required 35, hence just asking and planning for that time to come.

    Thanks once again

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