Asked by Ms. Shan Leong
I am a single above 35 years, does not own any pte property or HDB flat now. I intend to buy a pte property under my mother's name so I can buy a HDB flat. My mother is 67 years is a HDB occupier of my brother's flat. I know I have to pay cash for the condo since she is not able get bank loan due to age. Can guru advise whether there is any implications or considerations I should take note e.g. any rules from HDB not allowing such setup or issues when selling a property later? The pte house am thinking of transferring to my name after the MOP of HDB flat is up or by will. Any advise is appreciated. Thanks.
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