If i become 3rd owner to assist my parent pay HDB, mean i cannot buy BTO?

[lampano]

only way to get back yr CPF is sell the unit....

 

[sTiCkY]

can transfer cpf?

 

[buttbERry]

think cannot

 

[1982-1994]

Not possible for you to be a first timer since your OA was used for your parent's flat.

You will only be a first timer "family" if your partner is a first timer.

Privileges for first-timers

As a first-timer applicant, your housing needs are more pressing. You will enjoy greater priority and other privileges when you apply for a new HDB flat, DBSS flat, or EC.

Couples comprising a first-timer and second-timer applicant

You will also be considered as a first-timer family, and will enjoy the same priority benefits.

huh?
already made down payment 4 years back

 

[1982-1994]

only way to get back yr CPF is sell the unit....

unless either TS parents have the savings or if TS is a high earner

 

[1982-1994]

Not possible for you to be a first timer since your OA was used for your parent's flat.

You will only be a first timer "family" if your partner is a first timer.

Privileges for first-timers

As a first-timer applicant, your housing needs are more pressing. You will enjoy greater priority and other privileges when you apply for a new HDB flat, DBSS flat, or EC.

Couples comprising a first-timer and second-timer applicant

You will also be considered as a first-timer family, and will enjoy the same priority benefits.

ok but my wife is a PR, also can consider as a FT?

 

[GloveK8]

If im not wrong, you can still bto, but within 6 months of getting the bto, you have to sell your current property. Dont quote me, please write to HDB for black n white.

Issue here is once you disposed your old property, you need to look for new flat for your parents or if you are happy to continue staying with them.

 

[lampano]

huh?
already made down payment 4 years back

u feel like talking to yr parents rite
some just die die wanna argue back de

 

[1982-1994]

u feel like talking to yr parents rite
some just die die wanna argue back de

hmm I think she was hoping us to stay together but the relationship between the two women is BKY
at least she'll be staying one storey below mine

 

[ocean_boi]

If im not wrong, you can still bto, but within 6 months of getting the bto, you have to sell your current property. Dont quote me, please write to HDB for black n white.

Issue here is once you disposed your old property, you need to look for new flat for your parents or if you are happy to continue staying with them.

i think cannot BTO. as long in HDB portal your name is registed as a co-owner of a flat.. no way to apply

 

[matrix05]

your parents are still eligible for 2r flexi shortlease if both of them are above 55yo
can sell the current flat and encash for their 2r flat
but where are you going to stay?

TS will be buying his own.

 

[diminishin]

Not possible for you to be a first timer since your OA was used for your parent's flat.

You will only be a first timer "family" if your partner is a first timer.

Privileges for first-timers

As a first-timer applicant, your housing needs are more pressing. You will enjoy greater priority and other privileges when you apply for a new HDB flat, DBSS flat, or EC.

Couples comprising a first-timer and second-timer applicant

You will also be considered as a first-timer family, and will enjoy the same priority benefits.

Actually I was in a similar situation also. Bought over my parents house. HDB mentioned if one never take any grants, and never take HDB loan, then one will still be eligible for first timer status. So I took bank loan and never take any hdb grants. Was able to book a BTO flat with first timer status, now waiting key collection

 

[1982-1994]

TS will be buying his own.

can even BTO now either if TS is >35yo or have a partner
just take 5 years of duration from applying till TOP, 60 months, the AI plus PA by then already past $80k ,so set $1400 monthly aside solely just for it
wedding expenses and daily expenses not included

if the completion time is longer ,even better so TS can save up more

 

[drkcynic]

Actually I was in a similar situation also. Bought over my parents house. HDB mentioned if one never take any grants, and never take HDB loan, then one will still be eligible for first timer status. So I took bank loan and never take any hdb grants. Was able to book a BTO flat with first timer status, now waiting key collection

Ok I stand corrected.

I guess the grant is the key to whether you are first timer or not.

 

[diminishin]

can even BTO now either if TS is >35yo or have a partner
just take 5 years of duration from applying till TOP, 60 months, the AI plus PA by then already past $80k ,so set $1400 monthly aside solely just for it
wedding expenses and daily expenses not included

if the completion time is longer ,even better so TS can save up more

This one I'm not so sure can BTO within the MOP period or not eh. That time we can BTO even within the MOP if the BTO completion date is After the MOP. But I remember the HDB officer mentioned the rules will be changed such that you must wait till AFTER mop then can apply BTO.

Best to check with HDB

 

[1982-1994]

This one I'm not so sure can BTO within the MOP period or not eh. That time we can BTO even within the MOP if the BTO completion date is After the MOP. But I remember the HDB officer mentioned the rules will be changed such that you must wait till AFTER mop then can apply BTO.

Best to check with HDB

the 5 years I mentioned is the duration from ballot to TOP
not in TS case
yes rule has changed ,can only BTO after MOP

 

[kebinu]

I talk with agent, mine is special case still can get 1st time buyer grant. Just that, only issue they need to return the amount i already contribute...

This should be right. Not sure about 1st buyer grant, but the AHG still can get as long as you never get before.

If you take out your name, there's a void, someone has to pay it back.

 

[pohw0008]

According to hdb if you own any hdb you won't be eligible for grants anymore even if you nvr take before..

 

[1982-1994]

According to hdb if you own any hdb you won't be eligible for grants anymore even if you nvr take before..

in our case,not counted
I believe TS still can get grant because I was offered grant too

 

[lallang67]

Is it case by case basis or die die i cannot own 2 HDB?

If you put your name inside, you WILL LOSE your ADVANTAGE as first timer applying HDB from government, unless policy changed. Coming from olden days(year 2000) experience.