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Hi,
I've just turned 50years, am single and I'm exploring to purchase a HDB resale property. It'll be my first purchase.
1. Can I purchase an EC resale?
2. What grants would apply under my situation?
3. If I were to later inherit a private property, do I need to sell my HDB resale?
Thank you in advance!
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2 Answers

Hi,

1) Single SC is eligible to buy resale EC.
2) There are no grants for EC.
3) You shall be eligible for the single grant of $25k, proximity grant of $10k if buying under the Single SC scheme for 4-rm and smaller HDB flat.
4) If you received an inherited private property during your MOP, you will have to appeal to the HDB in order to keep it. This is dealing on a case-by-case basis.

Hope the above answer to 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.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Robbie Chen Chee Howe
Hi,

Yes, you can buy either a resale HDB flat or a resale EC.

There is no grant available for resale EC as that is considered as a private property. Whether or not you qualify for CPF Housing Grant depends on your monthly income. You will be eligible for Proximity Housing Grant if you purchase a flat that is within 4km to your parent's place of residence.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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