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Silver housing bonus.

my parents are 67 and 65 and their 4 room HDB in jurong east is 33 years old and I intend to persuade them to sell to my brother for $300,000 and for them to buy a BTO.

Can any agent advise how this is done and how the parents can get the silver housing grant to downgrade. What would be their monthly payout from their CPF life then? can they still get a loan for their housing? or can top up the difference so they have a fully paid house?
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1 Answer

GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred SG Professional- ASAP Real Estate Services

A loan is out of question due to their age, and min retirement CPF need to be sustain upon the sale of their HDB.

You can ask your parent to apply for HDB Studio first. Upon secured, they can proceed to sell the flat to children :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

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