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Hi there! I'm currently looking to buy a HDB resale flat with my mother. I am not 35 yet therefore I do not have the option of buying on my own. My mother is a divorced SPR (sold marital flat 10 years ago) and I'm a SC. She doesn't work full-time thus, her income varies.
In this scenario, is it better for me to purchase the flat with 1) Me + mother as co-owners or 2) Me owner + mother occupier?
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4 Answers

Tan Pei Cheng (Pei)
Replied
Hi Shu Min
U may wish to contact me at 97100155  for more details.
Pei @ Propnex 97100155  Read More
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CK Ang
Replied
Hi Shu Min,
Since you are not 35 yet, you can only purchase with option 1, which is co-own with your mother. To purchase a HDB, 1st step is to work on the financial plan. Please drop me an email for me to assist you to compute the estimated loan amount.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Ling CK
Replied
Hi Shu Min,

Owning the flat & financing the flat is 2 separate matters.
You can own the flat but not paying for it, this is the situation where your mother is facing.

Thus your mother can contribute some for down payment, but need not to involve in monthly contribution.

I'm glad to help, please contact me at 90110636  or email: ling.ck7@gmail.com for more info.

Best regards
Ling CK Read More
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Ling CK
Replied
Hi Shu Min,

Owning the flat & financing the flat is 2 separate matters.
You can own the flat but not paying for it, this is the situation where your mother is facing.

Thus your mother can contribute some for down payment, but need not to involve in monthly contribution.

I'm glad to help, please contact me at 90110636  or email: ling.ck7@gmail.com for more info.

Best regards
Ling CK Read More
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