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We are married sc.we own 5 room flat,selling our flat soon and our mop will be in June 2013, we are thinking of getting a EC dual key unit.is it still possible?or we have to include my parents name under owners/occupiers?must my parents dispose their flat/must not own any property in singapore?what if my parents own property overseas not in singapore?
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1 Answer

Mike Lim
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Evening,

Under the current ruling, you are only eligible to purchase dual key unit under multi-generation family. With you and your spouse as owner, your parents have to be essential occupier. They would be required to sell away their property within 6 months from key collection. Under the HDB ruling, HDB buyers should remove their ownership from any private residential property, in and out of SG.

FYI
Mike Lim
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