Purchase of BTO

Hi,

My mum recently passed and and left some inheritance which also includes a HDB in a prime area. She is the sole owner and hence i am thinking of putting the HDB under my name as the sole owner, am btw 27 years old.

Wanted to check if there's a possibility of retaining the current HDB and having my dad and my sister (23year old) to purchase another BTO around our area as they are the tenant to the existing HDB flat.

R

6

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Ace

06 Mar 2024

If no will and mum still married to ur dad b4 your mum passed, likely HDB in prime area will go to your dad.

If the intent is to bypass the owning of house before 35y/o, this might not work (if u can think of, I'm sure HDB can think of too). HDB will likely also be worried when younger family members do not support older ones so they might suggest a younger owner + older owner jointly own a flat.

If the intent is to bypass the owning of house before 35y/o, this might not work. first time flat owner).

Check what are the options u have w HDB is the best, then from there to decide what's best for u, ur sister and father in terms of having a place to stay/keeping or selling the house.

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Caroline Lee

05 Mar 2024

Sorry for your loss. first of all, did your mother make a will? as she is the sole owner of the flat, the flat is a part of her estate, which is to be distributed according to her will. if no will is made, then the distribution will follow the Intestate Succession Act. you may wish to seek legal advice first before deciding on next course of action. hope this helps.

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cctzjd

04 Mar 2024

Own time own target at Self Employed

Better ask HDB office directly...

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