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Hi,

My spouse and I intend to buy a resale flat. We have already obtained the HLE letter.

My parents want to sell their flat (bought 2nd hand) to buy BTO (first time)

Is it possible for us to buy their flat while they apply for BTO? Is this situation typical and are there any conditions that we have to look out for?

Thank you!
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4 Answers

Afternoon,

If you are the current co-owner of your parent's resale unit, you can request for transfer of ownership. Else you might have to go through the standard S&P procedure to buy over their unit.

Do contact me further should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Realtor

No issues, you can purchase your parent HDB like usual purchase with housing grant as you first timer. Then your CPF can be transfer for the HDB flat while your parent buy BTO.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

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