PDA

View Full Version : HDB Scheme



evel
16th December 2008, 01:37 PM
i'm still waiting for our new HDB flat which is currently with near my parents. should my parents decides to move to another place during my 5 years stay in this new flat, do i have to return the $10k grant back to HDB?

mcpqueen
17th December 2008, 03:17 AM
Evel you buying a flat near your parents.

The grant should be $40K and not $10K??????

The grant given to you at the point of your purchase, if you parents stay within 2 km from you and you meet eligible requirements.

They do not restrict your parents moving during the 5 years, only you cannot sell your flat. So you need not pay back.

evel
17th December 2008, 08:40 AM
the $40 is provided if it's resale flat right? i'm not sure must check with my hubby. he handles all these matters.