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Hi, we received a letter from HDB that says my parent in-laws as sellers to a subsidized flat. We have in our hands records that says my wife is 3rd name in the sellers agreement. Do take note my wife only added her name for CPF payments a no. of years later after the house 1st bought by her parents. What's confusing is, the same letter indicate that we, my wife& i are not liable to pay a resale levy& still entitle to grant as long as the income eligibility is met if we do proceed to buy direct from HDB. Why is this so? Shouldn't my wife status as sellers of the previous house disqualifies her for this benefits? Thanks, appreciate any kind reply
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4 Answers

I guess the best party who can answer your enquiry is none other than HDB.

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Good evening,

Let me get the situation correct... The HDB unit that is currently undergoing sales was owned by your parents. Your spouse name was added later as third owner so as to utilize her CPF on the unit. However, HDB indicated that the ownership of the property is only by your parents-in-law.
My question would be: was the adding of name done before marriage or after marriage? Did your agent not work out the details before assisting you in the sales of your unit?

Without understanding the details, it would not be appropriate for me to response accordingly.

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Mike Lim
 96929209 
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ERA

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Dear Sir,

Your situation is straight forward. HDB has tagged the subsidy that your parents in law have enjoyed to them AND NOT to your wife. Therefore, your wife would have considered to have not taken any subsidy before and therefore she is not liable for resale levy and can apply for grant.

Please feel free to contact me if you have further questions!

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Nick Tan
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Hi,

This letter from HDB had kind enough to clarify a lot of confusion & doubt to all children who were trying to assist their parents.

(1) Your wife name is listed as one of the owner, she is entitled to any sales proceed gain from the sales.

(2) Although she is one of the righful owner, she did not enjoyed the benefit from the subsidize as that was her parents choice.

(3) Thus when the flat is sold, and you and your wife apply for BTO, you do not need to pay any resale levy, but your parent-in-laws if applicable have to pay the resale levy.

(4) You are still able to apply for any grant if eligible when apply for BTO or resale flat.

So you can rest your mind and to drop the stone from your heart and enjoy all benefits available to all Singapore Citizen as 1st time buyer.

Hope the above answer to 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

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