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Good afternoon,

Both of you are eligible to purchase a resale HDB under non citizen spouse scheme.

Do take note that the loan assessment will be based on your sole income as your spouse is still a foreigner.

The upfront payment will depends which loan are you taking.

HDB loan max 90% and 10% downpayment can be fully paid by cpf while bank loan max 75%, 5% downpayment needs to be in cash while the balance can be in either cash or cpf.

Other costs:
- buyer's stamp duty
- valuation fee $120
- resale application $80
- legal fee
- agent commission (min 1% of purchase price plus gst)
- cash over valuation if any.

It will be best to apply for HLE or IPA to assess your overall budget including any housing grants if any.

Your hubby's SPR application might take some time i think so you can weigh the options to buy now or wait for his SPR approval.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

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Hi,

1) Yes, you are eligible to buy a resale HDB flats under the Non-Citizen Spouse Scheme.
2) You will be the sole owner as FR cannot be an owner of an HDB flat.
3) The loan you could receive is solely based on your income.
4) You are eligible for an HDB loan which I strongly recommended due to the low down payment of 10% which I believe will be very helpful in your purchase.
5) All property purchase in Singapore is subject to Buyer Stamp Duty (BSD).
6) You have to check how much you have in your CPF OA, this fund will need to cover your 10% + BSD if possible.
7) You can look into the detailed cost and charges involved:
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/financing/costs-and-fees

8) If you need grants to assist in your purchase. You are eligible for a Single grant; a sum of $25k and EHG if eligible.

9) Next apply for an HLE to see how much financial assistance you can get:
https://services2.hdb.gov.sg/webapp/BP27AWHLEApplication/BP27SHome

10) Once you are done with your financial portion, you have to register an Intent to buy before rushing out to search for your home:
https://services2.hdb.gov.sg/webapp/BB31AWDashboardWeb/BB31PLogin.jsp

Hope the above answer your main concerns, but if there are more query, 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

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Hi
Yes you will be able to purchase under non citizen spouse scheme and will also be able to obtain first timer grant. I have assisted various buyers like yours (first timer with foreign spouse). Do note that for this scheme, only you can be named as an owner while your spouse needs to be named as an occupier. In order to advise further, I will need more information. I am specialised in HDB transactions and the majority of my buyer managed to secure a flat without any COV despite the seller's market situation now. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051 
ERA Realty Network Pte Ltd Read More

Hi Ms,

Yes, you're eligible to purchase a HDB resale flat with your spouse, under "Non-Citizen Spouse Scheme" if he's a foreigner, and under "Public Scheme" if he attains his SPR before your purchase.

The difference between the 2 schemes would be the ownership of the flat. For the former, you will be the sole owner of the flat. This means that loan assessment would be solely on your income. For the latter, both of you can be co-owners of the flat, and both incomes can be used for loan assessment.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More