Asked by Single first time buying from Parents
Hi...My parents wants to sell their Exec Condo unit to me. I am 38 years old, single, first time owner. The flat is fully paid up, i.e. no outstanding loan, and we have already lived in it for over 10 years. My parents did not take up any subsidy at the time of purchase. I need to know if they can sell the flat to me at any price? (Below valuation). They are retired and has withdrawn their CPF monies. Can i still get a grant? (My salary $3000). And can i use my CPF to pay them for the flat? Thanks in advance...
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