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I and husband are going to divorce. As resale flat (no govt grant and fully paid) is still within MOP, it has to be surrendered to HDB. 1) How much does the HDB compensate back into our CPF? Is it based on current market valuation? 2) Any time bar to buy subsidised flat from HDB with son (20 years old)to form family nucleus after divorce?
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Hi Owner,

Understand that the matrimonial flat is bought directly from HDB, the 5-year minimum occupation period (MOP) must be satisfied before the divorced party is allowed to take over the flat under the SSC Scheme.

Alternatively, the divorced party may include another person to retain the flat, subject to the prevailing eligibility criteria and eligibility scheme regardless of the occupation period.

If the divorced owners wish to resell their flat in the open market, they must have completed the MOP for the flat, as at the date of divorce completion. If the divorce is within the MOP and none of the owners is eligible to retain the flat, the owners may have to return the flat to HDB, subject to HDB's approval. The compensation for the return of flat will be determined by HDB.

If you require any further clarification, feel free to contact me.

Thank you.
Lewis Tan
 82881369  / 90010979 
ERA Read More
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