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Hi
You are right on this as purchasing a flat that could not last the youngest buyer till 95 years of age will caused EHG grant, LTV for HDB loan and CPF valuation limit to be pro-rated. However I have assisted some buyers in purchasing a flat that could not last them till 95 years of age. All of them did not have to top up any cash upfront besides the deposit and agent fee. However there is a consequence on this which I could share if we have a chance to meet. I am specialised in HDB transactions and a vast majority of my buyer managed to purchase a house without any COV despite the seller's market situation nowadays. Do contact me at 93375051  for a free and non obligatory discussion on this.
Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051 
Marketing Director
ERA Realty Network Pte Ltd
Contact No: 93375051  Read More

Hi,

Yes, it does.

If the remaining lease has less than 60 years, you will be subjected to the a pro-rated CPF usage. Also, such flats tend to see a decline in value towards the end of the lease.

My advice is to look for newly MOP-ed HDB flats as their capital values are better protected. You may consider Punggol or Sengkang as these are among the top transacted HDB estates in the resale market.

Sincerely,

Mohamad Khalil

CEA Reg No: R041186A
Licence No: L3002382K
E: realtor@khalilrealtor.com
Mobile: +65 8201 9254 
Website: www.khalilrealtor.com Read More