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?
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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