This means that you must not:
Have transferred the ownership of a flat bought from HDB, or an HDB resale flat bought with a CPF Housing Grant
Now that's the confusing part. Suppose you are right, that means the way HDB word it should be more precise.
It is not confusing or misleading at all, but how you read it on the whole.
Read it this way;
- You, the applicant to buy from HDB direct, Have transferred the ownership of a flat bought from HDB
- You, the applicant to buy from HDB direct, Have an HDB resale flat bought with a CPF Housing Grant
This refer to the applicant who had;
- bought the flat the from HDB and then transferred the said ownership
- taken a CPF Housing Grant from HDB which refer as being subsidy from HDB.
In other word, BENEFIT from any one of the HDB subsidies.
This is in reference to a person who had bought the flat with any HDB subsidies, which is nothing to do with the property itself.
To avoid those who owned a flat bought from HDB subsidy and find ways to passed the ownership to others; and subsequently buy another HDB subsidy flat.
These owners will be classified as not first-timer, but second buyer which have to pay certain fees from the benefit from the 1st flat.
Nobody can escape from the records, as HDB do keep your profile history in their records from the point you purchased or has a name to a HDB flat, whether direct or open market.
The next thing HDB did is to trace and get a full history of your profile on ALL Private And Public Properties with your names, including co-owner & essential occupier of the said HDB flat.
Meaning all private properties transaction will be screened by HDB for private property owner names against their HDB records.
As i had violated one of the HDB policy on private property ownership and went thru a long process to fully understand by face talk with the HDB Officer.
End the end, i had to return the said new BTO HDB at cost, loosing my CPF interest and renovation costs, etc.
Ever since return the said new HDB flat, recently asked another HDB officer on me as still consider as First-Timer, although bought 2 resale HDB flat from open market, of which the recent HDB flat was classified as SERS project.
Learning experience after all these happening and also learnt from HDB Officers on their policy.
Beside this history of incidents, i do have others. . . as my HDB record history is thick.
Regards.