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Hi, in Sep 2023, I will turn 35. Which in months, it is 11 months away.

My parents (both above 60) are ending their divorce. The plan is for me to stay with my mother. Since I am turning 35 soon, can I appeal with HDB to allow me to get HDB? If that is IMPOSSIBLE, then can I buy a house with my mother BUT not use any of her money (i.e any money utilization, will be paid by me)
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3 Answers

Hi,

1) You may still buy with your mum without needing to reach 35 yrs old.
2) You will be buying under the family nucleus scheme.
3) You may be the sole owner or share the ownership with your mum. This does not affect your mortgage payment plan.
4) You can apply for the HLE to check how much leverage you could get, and combine it with your current funds in your CPF OA + saving available to derive your budget for the purchase.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
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  • Ling CK
    You are applying to buy the flat under the family scheme, you as the sole owner while your mum is the essential occupier.
    Since you are the sole owner therefore only the funds in your CPF account could be utilized for the mortgage payment.
    HLE application is different from buying a flat.
  • SA
    Thank you. Just to check…

    - How can I be the sole owner if I am below 35? Is it that I just purchase the house but put my mother as occupier? Or I buy a house with her but only my CPF contributes to the house?

    - my mom has utilized HLE 2 times. With my age (below 35), am I still able to get HLE if I am buying a flat with my mom?
Hi,

Yes you can purchase the HDB with your mother under the public scheme, and if your own finances are comfortable, you can also choose not to use her funds to pay for the property. This will depend on your cash and CPF OA available, as well as the hdb loan attainable based on both your incomes.

May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

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Dear sir/mdm,

Sorry to hear about the divorce. Once the divorce is finalised, you will be able to purchase a HDB with your mum as an occupier under your own name or even for her to be a co-owner of the property but she need not use her funds to pay for the HDB, as long as you are financially sound to cover the entire financing.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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