Asked by Faisal
I recently bought a 5rm HDB flat on resale, meaning I'm still in the MOP. I had taken the housing grant for my purchase. My father, who has fully paid for his 5rm HDB flat is wishing to invest in a condo (not selling his 5rm house). However, since he is 60yrs old this year, he can't take loan with a tenure too long. Am I able to partly finance his loan without being the owner, as I should not own private property within the MOP?
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