Resale 3-Gen flat

[derrickgoh]

I know if u buy a 3gen flat from hdb there are conditions namely u need 3 generations. But what about resale? Do the same conditions apply? Will my parents and i be able to buy a resale 3gen flat?

 

[Gixxerfied]

Yes if you're married(Kid or not nvm)...

But u have to wait like at least 8 years before u can see one in the open market(1st launched Sept 2013)..

 

[derrickgoh]

Resale must be married meh?

 

[Gixxerfied]

Resale must be married meh?

This is the guideline for 3Gen brand new from HDB.

And if not wrong, the same would be applicable for resale.

To buy a 3Gen flat, you and your multi-generation family must comprise:
Married couple and parent(s)
Courting couple (fiance and fiancee) and parent(s)
Widowed with child and parent(s)
Divorced with child and parent(s)

The couple must meet the minimum citizenship requirement to buy a flat under the Public Scheme or Fiance/Fiancee Scheme. In addition, at least one of the parents must be a Singapore Citizen or Singapore Permanent Resident.

 

[Gixxerfied]

And this...

SINGAPORE: The government will pilot a new type of Three-Generation (3Gen) flats to cater to multi-generation families living under one roof.

The flats will feature four bedrooms and three bathrooms, with an internal floor area of about 115 square metres.

To be eligible for 3Gen flats, applicants must form a multi-generation family comprising a married or courting couple and their parents.

To prevent abuse of the scheme, subletting of rooms will not be allowed during the five-year minimum occupation period.

After fulfilling the minimum occupation period, the flats can only be resold in the open market to other eligible multi-generation families.

The first project of about 80 units of 3Gen flats will be launched in Yishun in the upcoming September BTO exercise.

Concurrently, the Multi-Generation Priority Scheme will be enhanced.

Parents can now apply for 3-room flats under this scheme.

- CNA/al

 

[derrickgoh]

What if grandparents, parents & me. Would that work?

 

[Gixxerfied]

What if grandparents, parents & me. Would that work?

You can try 8 years down the road thou...

 

[derrickgoh]

Ok but what if my grandparents, parents & i qualify & we buy resale. In future when my grandparents pass away, the 3 generations is now 2gen. Will that be an issue?

 

[Gixxerfied]

Ok but what if my grandparents, parents & i qualify & we buy resale. In future when my grandparents pass away, the 3 generations is now 2gen. Will that be an issue?

How about what if those who buy now with parents, parents old age pass away so become 1gen if no kids??

Right now i would say, isnt it too early to ask?? It's all a what if..They probably haven even finish the structural part on the very 1st batch of 3Gen flats..

 

[Densocool]

I think just buy a exec apartment more better, less rules and bigger in size.

 

[Shion]

I think just buy a exec apartment more better, less rules and bigger in size.

I agree with this.

 

[derrickgoh]

They should bring back the old dual key units. Now only condos have those. Makes sense for youngsters as it encourages them to live with parents. A home within a home. Got privacy yet under same roof.