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Thread: Help: eligibility for HDB re-sale

  1. #1

    Default Help: eligibility for HDB re-sale

    Need some help and those chaps at HDB can't help very well...

    I am looking for a re sale flat for my own accomodations. I am > 35 and wish to reside alone.

    What is the income limit if any? I get so many differing responses from HDB, its beginning to become annoying.

    Anyway, anyone have some nice tips on where to begin hunting and things to look out for.

    I prefer a bigger unit for all my stuff and for friends to visit when they come over from other countries.

    Thanks.

    Oh: Since I work near the Science Parks, somewhere around there is best.
    Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm

  2. #2
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    Default Re: Help: eligibility for HDB re-sale

    you can look for a lot of info at HDB website
    http://www.hdb.gov.sg/fi10/fi10201p....e?OpenDocument
    Sony Alpha 700 hobbyist

  3. #3

    Default Re: Help: eligibility for HDB re-sale

    I have been there...
    It does not answer my question on income limits if you venture into the website you linked
    Cheers
    Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm

  4. #4
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    Default Re: Help: eligibility for HDB re-sale

    probably you need to state your questions more specificly?
    Income Ceiling
    There is no income ceiling (unless applying for CPF Housing Grant).
    Sony Alpha 700 hobbyist

  5. #5

    Default Re: Help: eligibility for HDB re-sale

    Thanks for the info, thats the bit I need.
    I get all sorts of differing info from HDB on income limits.
    I just want to get a flat, and they don't seem to like singles.

    So any flat on the open market is game, I assume?

    Cheers
    Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm

  6. #6

    Default Re: Help: eligibility for HDB re-sale

    base on what I know , pls verify with a property agent or go down personally to the HDB Hub and talk to a officer.
    1)to buy a resale HDB , there is no income limit
    2)to get the housing loan from HDB then there is an income limit (not sure what the limit for a single). Oherwise you have to get the housing loan from a bank
    3)to apply for housing grant (for 1st time buyer or for living near parents). then there is an income limit (not sure what the limit for a single)

  7. #7
    Senior Member melvin's Avatar
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    Default Re: Help: eligibility for HDB re-sale

    Quote Originally Posted by petetherock View Post
    Need some help and those chaps at HDB can't help very well...

    I am looking for a re sale flat for my own accomodations. I am > 35 and wish to reside alone.

    What is the income limit if any? I get so many differing responses from HDB, its beginning to become annoying.

    Anyway, anyone have some nice tips on where to begin hunting and things to look out for.

    I prefer a bigger unit for all my stuff and for friends to visit when they come over from other countries.

    Thanks.

    Oh: Since I work near the Science Parks, somewhere around there is best.

    No income limit cap at $3k if you are taking the 11k grant, Hdb loan wif subsidise rate.

    No limit if u are not taking the grant n hdb subsidise rate or/and taking bank loan or not taking any loan.

    Calling HDB is like that one... ie. different officers, different ans....already use to it!

  8. #8

    Default Re: Help: eligibility for HDB re-sale

    Quote Originally Posted by melvin View Post
    No income limit cap at $3k if you are taking the 11k grant, Hdb loan wif subsidise rate.

    No limit if u are not taking the grant n hdb subsidise rate or/and taking bank loan or not taking any loan.

    Calling HDB is like that one... ie. different officers, different ans....already use to it!
    dun be lazy. go down to HDB hub. All your answers are there. They are many assumption here. better to hear it from the HDB officer to rest your mind.

  9. #9
    Senior Member melvin's Avatar
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    Default Re: Help: eligibility for HDB re-sale

    Quote Originally Posted by khtee View Post
    dun be lazy. go down to HDB hub. All your answers are there. They are many assumption here. better to hear it from the HDB officer to rest your mind.
    Hmm... not me lah ...TS asking the question i provide ans. lei...not making any assumption!!!

  10. #10

    Default Re: Help: eligibility for HDB re-sale

    Quote Originally Posted by melvin View Post
    Hmm... not me lah ...TS asking the question i provide ans. lei...not making any assumption!!!
    opps... sorry... accidentally click on the reply with quote

  11. #11
    Senior Member melvin's Avatar
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    Default Re: Help: eligibility for HDB re-sale

    Quote Originally Posted by khtee View Post
    opps... sorry... accidentally click on the reply with quote
    Its alrite!

  12. #12
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    Default Re: Help: eligibility for HDB re-sale

    I remember there is a household income (per month) limit for buying flat from HDB. Something along the lines of..

    $5000 for 3-room
    $8000 for 4/5-room
    $10000 for EC

    As for re-sale I don't think the limit applies at all.

  13. #13

    Default Re: Help: eligibility for HDB re-sale

    Ok

    I finally got a reply from HDB:


    If you are a Singapore Citizen, you can buy a resale flat in the open market under the Single Singapore Citizen Scheme. For more information on the eligibility conditions under the Single Singapore Citizen Scheme, please click on the following:

    http://www.hdb.gov.sg/fi10/fi10201p.nsf/WPDis/Buying%20A%20Resale%20FlatEligibility%20Scheme%20-%20Single%20Singapore%20Citizen%20Scheme?OpenDocum ent&SubMenu=Eligibility_Schemes

    There is no income ceiling under the Single Singapore Citizen Scheme. However, if you wish to request the Singles Grant of $11,000 or Higher-tier Singles Grant of $20,000 for living with your parents, the income ceiling of $8,000 is applicable. For more information on the Singles Grant, please click on the following:

    http://www.hdb.gov.sg/fi10/fi10201p.nsf/WPDis/Buying%20A%20Resale%20FlatCPF%20Housing%20Grant%20 for%20Singles?OpenDocument&SubMenu=CPF_Housing_Gra nt_Scheme



    Yours sincerely




    <Signed via Internet>
    TA EE WEN (MS)
    SENIOR EXECUTIVE ESTATES OFFICER
    for HEAD, CUSTOMER SERVICES CENTRE (CSC)
    ESTATE ADMIN & PROPERTY DEPARTMENT
    Will look around now, any agents to recommend?

    Cheers
    Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm

  14. #14
    Senior Member melvin's Avatar
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    Default Re: Help: eligibility for HDB re-sale

    Quote Originally Posted by parampita View Post
    I remember there is a household income (per month) limit for buying flat from HDB. Something along the lines of..

    $5000 for 3-room
    $8000 for 4/5-room
    $10000 for EC

    As for re-sale I don't think the limit applies at all.
    Singles can onli buy resale! No direct from HDB!

  15. #15
    Senior Member melvin's Avatar
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    Default Re: Help: eligibility for HDB re-sale

    Quote Originally Posted by petetherock View Post
    Ok

    I finally got a reply from HDB:



    Will look around now, any agents to recommend?

    Cheers
    PM me ur requirements, Location, budget, COV, By when u need to shift in? High floor or not? Near ammenities etc....

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