Asked by Puzzled
My mum wants to add me as a co-owner of her current flat. In the meantime, she is applying with my brother, who is single, for a new flat from HDB.
Once the new flat is completed, she will transfer 100% of the ownership to me. I will be over 35 years when the transfer take place in circa 3 years' time.
Can I rent the whole unit out or sell it then? Will I be subjected to the minimum occupancy period of 5 years from the date I was listed as co-occupier? Can me or my husband (who is not listed as an owner) purchase private property after I own a HDB flat?
Once the new flat is completed, she will transfer 100% of the ownership to me. I will be over 35 years when the transfer take place in circa 3 years' time.
Can I rent the whole unit out or sell it then? Will I be subjected to the minimum occupancy period of 5 years from the date I was listed as co-occupier? Can me or my husband (who is not listed as an owner) purchase private property after I own a HDB flat?
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