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Good morning JC,

You are eligible to buy all type of resale HDB up to mansionette under non citizen spouse scheme.

https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/couples-and-families

It will be best to apply for HFE so you have an idea how much loan you are eligible. Do bear in mind that only your income will be taken into consideration.

Upfront outlay will depends which type of loan you are taking.

HDB loan - if eligible up to 80% loan, 20% downpayment can be paid by cpf or cash.
Bank loan - if eligible up to 75% loan, min 5% cash downpayment is required balance can be by cpf or cash.

Other expenses:
- $120 valuation fee
- $80 resale application fee
- legal fees
- fire insurance (if required)
- agent's commission (1% of purchase price plus GST)

Hope my sharing aids in your property needs. Do contact me if you need any assistance.

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!

Association of Chartered Certified Accountants Graduate
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Hi,

You will be eligible for resale HDB and most condo developments. Yes its possible to get bank loan.

2) For HDB loan it may be less likely since the income is sourced overseas and HDB tends to be more prudent in recognizing overseas income, but it is worth a try applying. However your monthly income cannot exceed $14k for HDB loan.

3) You can use your full CPF OA as long as you get a flat that can last you until 95 years old. For HDB loan, max LTV is 80% so you need put in 20% downpayment (cash or CPF OA). For bank loan, max LTV is 75% so you need to put in 25% downpayment (of which 5% must be in cash). Assume $800k purchase price, that will be $160k or $200k respectively. Buyer stamp duty will be another additional $18600 (approx 3%)

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Buyer Mr. Wang & Ms Ng : We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan! Read More

Hi, appreciate your sharing. I propose you can do HFE first to determine if you are able to purchase. For the rest, able to do a zoom sharing with you.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Eligible for resale HDB and most condo developments.
Possible to get a bank loan, but HDB loan less likely due to overseas income.
Monthly income cannot exceed $14,000 for HDB loan.
Can use full CPF OA if flat can last until 95 years old.
Max Loan-To-Value (LTV) for HDB loan is 80%, bank loan is 75%.
Downpayment: 20% (HDB loan) or 25% (bank loan, with 5% in cash).
Additional expenses include valuation fee, resale application fee, legal fees, fire insurance, and agent's commission.
Eligible to buy all types of resale HDB flats up to mansionette under non-citizen spouse scheme.
Apply for HDB loan eligibility (HFE) to determine loan amount, considering only buyer's income.
Contact for assistance with property needs.

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

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Hi,

There are few things to take note in your case:
1) Since your wife is holding LTVP, her name wil be listed as essential occupier, not owner.
2) Therefore, HDB/Bank will only take into account your income to assess your loan elibibility.
3) For HDB loan: max 80% loan, 20% can be cash or CPF. For bank loan: Max 75% loan, 5% cash, 20% cash or CPF
4) The best way to check your eligibility is to apply for HFE below:
https://homes.hdb.gov.sg/home/landing

Hope it helps,

This platform does not allow me to contact you directly so kindly contact me at https://wa.me/6597261112 I would be glad to assist you further.

Thank you and best regards,

Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a trustworthy, honest, sincere and hardworking agent. We are happy with her service and would gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

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Yvonne (New launch buyer)

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Samantha (Resale condo buyer) Read More

Hi JC,

1) You are eligible to buy an HDB flat under the Non-Citizen Spouse Scheme.
2) If you are buying BTO, you can only apply for a 2-rm flat (99-year leasehold).
3) If you are buying a resale flat, you can buy any type.
4) Overseas income can be used to get HDB and bank loans. The worst case is the income suffers a certain percentage of haircut that causes lesser loan.
5) Downpayment
(a) HDB loan: 20% downpayment, max loan is 80%.
(b) Bank loan: 25% downpayment (5% must be in cash), max loan is 75%
6) All funds in CPF OA can be used for downpayment unless you are 55 years old and above.
7) If you are 35 years old or above, you are eligible to apply for grants if the household income does not exceed S$14k.
8) The grants can be used for downpayment. Following are the grants that you could be eligible for:
(a) CPF housing grant: $40k (4-rm and smaller), $25k (5-rm and bigger)
(b) EHG: from $2.5 to $40k if the household income is less than $4.5k
(c) PHG: $10k if within 4km of your parents' premises.
9) Both of you should apply for Singpass if you don't have it: https://www.singpass.gov.sg/home/ui/register/instructions
10) Apply for an HFE to understand how much loan you can get: https://iam.hdb.gov.sg/common/login?spcptracking=1710729535892__9d85_39032e044fe8
11) The HFE is valid for 9 months, and it is FOC. You have to reapply once it has expired.
12) You may read this if there is anything is unclear: https://shorturl.at/eosSX

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

I hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer Read More

You will be purchasing the resale HDB under non-citizen spouse scheme and basically you are eligible for all type of resale HDB. Essentially, as long as your income can be recognised by HDB or the bank, you will be eligible for these loans, nevertheless, only your income will be assess for the home loan since your wife is a non Singapore Citizen or Permanent Resident, but her income will be considered for your housing grant eligbility. Depending on your age, you can wipe out your entire CPF OA for this purchase as downpayment to reduce your loan amount.

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Senior Division Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Getting an HDB loan might be challenging with both your incomes originating overseas. Here's what you need to consider:

HDB Loan Eligibility: HDB loans typically require at least one applicant to have local income (earned in Singapore). Since both your incomes are overseas, obtaining an HDB loan might be difficult.
Alternative Loan Option:

Bank Loan: Consider exploring a bank loan for your HDB purchase. Some banks might offer loans for HDB purchases even with overseas income, but the eligibility criteria and interest rates might differ from HDB loans.
3. Downpayment and CPF Usage:

Downpayment:

The minimum downpayment for an HDB resale flat purchase depends on various factors like your CPF contributions and the flat's purchase price. Here's a website where you can estimate the downpayment using HDB's calculator: [invalid URL removed]
CPF Usage:

You (Singaporean Citizen): You can likely use your CPF Ordinary Account (OA) savings towards the downpayment and monthly mortgage payments for the HDB flat.
Your Wife (LTVP Holder): She won't be eligible to use her CPF savings for the HDB purchase.
Recommendations:

Contact HDB Branch: Visit your nearest HDB branch or contact them through their website for a more personalized assessment of your eligibility to buy an HDB flat and discuss loan options. https://www.hdb.gov.sg/
Explore Bank Loan Options: Research banks that offer HDB purchase loans for applicants with overseas income.
By considering these points and seeking further guidance from HDB and potentially a bank, you can make an informed decision about buying an HDB flat in Singapore. Read More

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXXX Read More