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I am now 67 and have bought a BTO Flat with my daughter who is now 34.Can my daughter buy a resale flat jointly ( when she is 35) next year with my son who is SPR and is married, age is 37 (wife holds long term visa ) .Does she need to sell her interest in the BTO flat by the time she gets the keys .What are the grants available when she buys the resale flat .Also note we received grant of S$5000 when we bought the BTO flat .
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2 Answers

YT Tan (陈永达)
Good morning M,

Do take note that both your SPR son and daughter in law who is a foreigner are married so they are considered a single entity/ family nucleus that is required to buy a resale HDB together but i am afraid to inform you that they are not eligible to do so unless your son becomes a singaporean to be eligible under non citizen spouse scheme or daughter in law to become a SPR.

Thus your daughter is not eligible to buy a resale HDB with your SPR son. If your son is not married and both of them are at least 35 years old Singaporeans, they can buy under joint single scheme but of course its not possible now with your son being married.

If your daughter turns 35 and she's SC, she can buy a resale HDB by withdrawing her name from BTO (check with HDB branch office) but you need to be financially capable to own the BTO yourself.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
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Hi,

BTO:
1) You must have the financial capacity before you are able to take over her ownership in BTO.
2) The value of the BTO has to be determined by HDB appointed valuer.

Resale flat:
3) Your daughter + your son + his spouse is not eligible under any of the current HDB eligibility schemes.
4) Your son has to convert to an SC or his spouse received SPR status in order to be eligible for an HDB flat.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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