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Thread: HDB Scheme

  1. #1
    Join Date
    Jan 2008
    Posts
    190

    Default HDB Scheme

    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?

  2. #2
    Join Date
    Apr 2008
    Posts
    42

    Default

    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.

  3. #3
    Join Date
    Jan 2008
    Posts
    190

    Default

    the $40 is provided if it's resale flat right? i'm not sure must check with my hubby. he handles all these matters.

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