Asked by Anonymous
Hello! We are a couple who are intending to get married next year 2016 (still some time away), and we are looking around for our dream home. Our combined income is around 10000-12000, thus we have been ruled out by HDB BTO flats. Thus, we are looking at either EC, resale HDB or private condos. I have a few questions regarding this - 1. As this is our first house application, are we eligible for housing grant if we buy resale HDB? And what is the minimum downpayment we must pay for resale HDB? Can we go by HDB loan as well? 2.Same applies to private condo. I understand we may not be able to get any grants. What is the usual downpayment for purchase of condo? 3. Is there any ECs coming up in the west area? Many thanks for your reply in advance!
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