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HDB Questions

Asked by Anonymous 13 Jul 2016

I have a HDB and would like to purchase a private property without selling it. What will happen if my HDB is subsequently enbloc ? Would it affect my SERs entitlement ?

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Ng Teck Chuan · Answer 1 · 2016-07-14T10:56:10+08:00

Ng Teck Chuan

Replied 14 Jul 2016

Hi upgrader,

You'd still be eligible for SERS rehousing benefits if you acquired the private property before the SERS announcement, but subject to the usual conditions (e.g. resale levy if applicable, fulfilling MOP in the flat), and you wouldn't be eligible for an HDB loan.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More

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