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I am a single (female) and have never purchase or own any property or HDB flat. I would like to know if I buy a HDB flat (old/new) with my sister when I reach 35. And if our combined income is more than $8K per month, am I still eligible to buy the HDB flat?

Is a condo with L99 generally cheaper than freehold? As a single, it is better to buy a L99 than freehold?

thank you.
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2 Answers

Hi Pei Hoon,
under the HDB resale scheme, you can buy open market flat with sibling relation. However, there are some regulation you need to abide to, like,you can only take bank loan and no grant for you.

condo now does not really differentiate much in price between a L99 or Freehold unit in some area.
However, most buyers still it bettter to get a freehold for more security
The main concern is the location that you are looking.
Please call me and I am most willing to share the most part of your doubt for clarity explaination.

Thank you

Regards
Alvin tang
Senior Associate Manager
HSR Realty
H/P: 8383 5277 / 9146 4333  Read More
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