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I am 33yrs old this year and HDB allow me to purchase new/resale with my parents being the occupiers but under the condition that the current flats under my parents name is sold within 6mths. What if we are unable to sell the flat within 6mths,what will happen to these two flats..seeking gurus advice.thank you
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2 Answers

Hi, usually HDB would allow some extension if you are still unable to sell away the old unit, but on a case to case basis. I be most glad to assist and pls feel free to let me know if you need any assistance.

Regards
Aaron
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aaronchong2774@yahoo.com.sg Read More
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Dear sir/madam,

Under such circumstances, a win win scenario need to be strike between yourself and the prospective buyers for the existing unit or sellers of the unit you intend to purchase when it comes to pricing. Do not expect to sell high and buy low in such scenarios. Technically 6 months is a lot of time to sell a unit, unless the supply in the vicinity has ample supply for sale and all the units for sale are selling way cheaper than what you are looking for.

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com
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