hi cactus,
from what i know occupier dun mean much.. it'll probably help on ur parent's income tax declarations under relief column..
to benefit from ur parent's ownership of the current property, it's either u buy resale or new flat near or within same zone with ur parents. if u & ur FH bought resale near ur parent's place, u will be granted a grant off the cost of the resale flat.. if i'm not wrong, the grant is ranged from $30-40K.. however, once u do a 2nd purchase outta the zone, u'll need to pay for the grant.. for new flat, it's more on priorities.. when i applied for my BTO near Buangkok MRT, i quoted my parent's address under the same zone and was given the priority for selections. this is applicable for 1st-time buyer only.. tat means neither u nor ur FH has ur name in a property under "owner" column before...
if u join names with ur parent as owner, they will be a 2nd-time owner, which result to CPF deductions for both current flat + ur new flat.. this adds on financial burder to ur parents but lightened ur CPF contribution amt... hope these info are what u're looking for..
from what i know occupier dun mean much.. it'll probably help on ur parent's income tax declarations under relief column..
to benefit from ur parent's ownership of the current property, it's either u buy resale or new flat near or within same zone with ur parents. if u & ur FH bought resale near ur parent's place, u will be granted a grant off the cost of the resale flat.. if i'm not wrong, the grant is ranged from $30-40K.. however, once u do a 2nd purchase outta the zone, u'll need to pay for the grant.. for new flat, it's more on priorities.. when i applied for my BTO near Buangkok MRT, i quoted my parent's address under the same zone and was given the priority for selections. this is applicable for 1st-time buyer only.. tat means neither u nor ur FH has ur name in a property under "owner" column before...
if u join names with ur parent as owner, they will be a 2nd-time owner, which result to CPF deductions for both current flat + ur new flat.. this adds on financial burder to ur parents but lightened ur CPF contribution amt... hope these info are what u're looking for..