Asked by Mr. Eric Koh
Hi All, am currently a co-owner of a 3 Room flat with my Parents (owner) bought. I been paying/staying this flat for the past few years. In another 1.5 years’ time this flat need to sell off because I am getting my new BTO key by then and my Parents will move in with me. My Parents already turn 55 years old and I know I won`t be getting any cash because the profit will top up to their CPF Minimum Sum.
My Question: 1) Do the profile include COV? 2) If the profit is 150k. CPF will divide into 2 and top up both CPF at 75k each?
My Question: 1) Do the profile include COV? 2) If the profit is 150k. CPF will divide into 2 and top up both CPF at 75k each?
646 views