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It may be possible to apply as a family nucleus. If his mum is still around, her name needs to be included. As long as MOP of 5 years for current flat fulfilled, and have not bought more than 2 times subsidized flat or exceed income ceiling, can apply BTO or SOBF.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

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Ivan Ng Realtor
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With the basic information provided, we are unable to determine their eligibility to downgrade to a 3 room BTO. If they have already met their 5 years minimum occupation period, they should be able to apply for HFE to find out what their eligible for after the current sale.

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I have been in the real estate business since 2009, with more than 15 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 15,900 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.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
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Email: geryl.lim@orangetee.com / geryl7772@gmail.com
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Good day to you,

Assuming the father is a widower and your friend is a Singaporean who is at least 21 years old, and the HDB is the father's initial subsidized flat that has met the MOP. Both individuals can submit their HFE letter for evaluation to understand a few key aspects:

1) What amount of grant do they both qualify for?
2) What portion of the funds from the current unit is necessary to enable the purchase?
3) What CPF funds will be kept to meet the CPF Minimum Sum requirement?
4) What loan amount are they eligible to receive?

With this information, they can begin to strategize their plans.

Navigate Property Decisions with Confidence

With over 15 years of experience in Singapore's residential property sales and purchase (S&P) cases, I understand the complexities involved in the process. I aim to guide you every step of the way with clear communication, ensuring that all parties are legally represented and protected.

I offer in-depth knowledge in:
Ø Estate Planning and Distribution: Planning for the future can feel daunting. Let’s work together to create a smooth, transparent process that brings peace of mind.
Ø Divorce: Navigating property settlements during a divorce can be challenging. I provide expert guidance to help you achieve a fair and efficient outcome.
Ø And More: From Power of Attorney to navigating financial challenges, I handle various situations to address your concerns and empower you to move forward confidently.

Schedule a Free Consultation Today! Let's discuss how I can assist you in your property journey. For more informative insights, follow our short video here: https://www.youtube.com/@YourSGHomeCompass-MLnU.

Regards
Mike Lim
 96929209 
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m52i@yahoo.com
ERA Read More