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Hi Sir/Madam,

I was about to apply 2 flexi bto flat for my mother who is 60+ and widow. However during application I understand that it need to fill up 2 owner detail in order to get the house.

My consent was, the 2nd owner/buyer has not meet any criteria due to the age of 32, recently unemployed.

Will my mother able to get the house if the 2nd owner/buyer were below 35?

Do I apply under [ SINGLE) OR (FAMILY)?

Please advice. Thank you.
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1 Answer

Hi,

1) There are 2 types of 2-rm BTO; 99 yrs leasehold & 30~45 yrs leasehold.
2) The former type is for SC who did not meet the criteria listed for 30~45 yrs leasehold type. You can apply for a loan for this type.
3) The latter type is only for SC who are at or above 55 yrs old. No loan is available for this type, you have to pay off one shot using cash and/or CPF.
4) You may be the occupier for the 30~45yrs leasehold where your mum is the sole owner. But no loan is allowed.
5) So select the one that is most suitable and suits your condition.

Hope the above answer your main concerns, but if there are more query, 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

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