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I am a sole owner of a hdb flat. Now I have 3 children which are married. I decided to sell partial of my house to my unmarried son. But HDB told me that I can't even though my son is eligible to buy a flat, reason is because I am the sole owner.He is a divorcee, hence unable to loan fm hdb due to cash proceed n also not eligible under the single scheme. He also does not have enough cash to buy a resale.
I was thinking is there anyway that I can sell him the whole house at a very cheap price? I do not want to transfer it to him. It will be unfair to my the other two children. Hope there is expert there to answer my question. Thank you.
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2 Answers

Hi, I'm afraid transferring will be the only option for your case.

Regards
Aaron
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GAN ENG JOO ONASSIS
Hi,

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You already know it will be unfair to other children. You have to decide yourself.... Give or transfer but $$$ for yourself- another flat how..

It will be best, that you keep the HDB n decide at later date whether to add his name as owner too. Also can help him. Just my personal advise :)

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