Anonymous
Asked on 04 Jan 2020
I know I can only have 1 HDB flat and if I choose to keep my parents' flat, what about the balance loan for my flat?
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Under HDB ruling, you will have to sell either flat.
The sale of your flat is subjected to eligibility conditions, e.g. minimum occupancy period.
Thereafter, it will be treated as a normal sale of HDB and the same regulations will apply, e.g. selling at market rate, pay off loan.
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