2 Answers

Afternoon RK,

For your first question, this would depend on the purchase status of your current unit. Did your parents bought it directly from HDB before adding your name in or did you purchase it with grant, along with your parent's name?

As for your second question, if your financial status permit, you are allowed to sell your existing unit within 6 months from key collection.

In reference to your last question, you need to purchase your BTO with your parent being included as applicants. And given their retirement age, they might not be able to utilize every cent of it.

Mike Lim
ERA Read More