Asked by Raguram Supramaniam
Hi Guru,
Currently I am staying in Marsiling executive flat. It is co-own by my mother and myself. I am now married and plan to buy a flat with my wife. Can my mother at age 60 buy a 3 rm resale flat? She has CPF of 100K. I am willing to pay for her monthly instalment for her flat. Will she be able to get bank loan with my assistance?
Currently I am staying in Marsiling executive flat. It is co-own by my mother and myself. I am now married and plan to buy a flat with my wife. Can my mother at age 60 buy a 3 rm resale flat? She has CPF of 100K. I am willing to pay for her monthly instalment for her flat. Will she be able to get bank loan with my assistance?
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