Asked by Malcolm
I currently own a HDB and I'm looking to buy a new condominium due to TOP soon in Pasir Ris. However, the 5 years MOP for my HDB flat will only be completed in Oct this year.
I'm thinking of getting my parents to purchase the condo unit first with me as a guarantor before transferring the unit back to me after I've sold my HDB unit. However, given the steep SSD under the new regulations, I guess it would only make sense to transfer back after 4 years. In the meantime, is there any way I can actually pay for the loan using my CPF? Can I be added to the mortage loan or title deed?
I'm thinking of getting my parents to purchase the condo unit first with me as a guarantor before transferring the unit back to me after I've sold my HDB unit. However, given the steep SSD under the new regulations, I guess it would only make sense to transfer back after 4 years. In the meantime, is there any way I can actually pay for the loan using my CPF? Can I be added to the mortage loan or title deed?
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