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Dear Gurus

I'm seriously considering to purchase my 1st flat under the Single Singapore Citizen scheme. I earn more than $6k per month. Would like to find out whether there are any grants e.g. Proximity Housing Grant, which I can apply to defray the purchase price.

Can Gurus also advise the estimated selling price for a 3-room flat (more than 70 sqm) of no more than 10 years in Bedok.

Thank you!
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5 Answers

Hi buyer,

You'd only be eligible for the proximity housing grant if you're staying near your parents; the family grant is not for single buyers.

The selling price would defer greatly based on the location in Bedok; right now a 3-room flat in Bedok Central (5+ years old) is going for $400k - $500k.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More
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Hi,

Since you earn 6k and more, there are no grants applicable and you can't take hdb loan. Proximity housing grant requires you to add in your parents names, which means they have to sell their current place, which I believe is not in your plans.

For 3-rm flats around 10 years old in Bedok, there's bedok linear green (blk 22x & 21x) you can consider. 3-rm should be 400-500k depending on unit condition, size, facing and floor etc.

May I understand your requirements further so to value-add to your plans? Thanks and hope to have the opportunity to work with you.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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Afternoon,

As your income have exceed the caps indicated by HDB, you will not be eligible for housing grant and HDB loan. As for proximity housing grant, you will be required to purchase it with your parents.

Do contact me further should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi Sir/Mdm,

You may apply for the Proximity Housing Grant (PHG) of $10,000. The rest of the grants are not open to you due to your high income. However, your parents will need to be occupiers of the HDB in order for you to qualify.

You may refer to this link for more info:
http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/living-with-near-parents-or-married-child

For Bedok, newer flats are those located near Bedok Central. You should be looking at a budget of between 400k to 500k for a 3 room flat. You may want to consider the older ones as well as prices are lower with more spacious layout. The money saved can be channelled into renovations or other investments.

I have personally transacted many HDBs in Bedok before. Please feel free to contact me so that I can assist you further in your housing plans!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer of HDB)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Professional

The main factor is to secure the housing loan then the grant is already fixed.

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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