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Hi gurus,

With the release of the new HDB ruling after the national rally, may i know what are the available grants for first timer couple ?

My parents is staying at redhill close area, would like to know with a combined salary of about $7k, will there be there 4 rm flats that we can afford ?

Thanks.
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3 Answers

Afternoon,

As first timer buyers staying near parents, you will be eligible for $40k grant if both of you are SC. There will also be proximity grant available. However, your purchase power will be dependent on how much loan you can get, how much CPF OA do you have and the period of loan you are looking at.

Do contact me further for detail discussion.

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

There are a couple of Grants you are elibigle for; proximity, first timers etc. Perhaps you could get in touch so that I can guide you on the fundamental loan process to assess the purchase price you can look out for as well as go over the procedural framework with financial computations for the resale flat. Hope to assist!

D Kumar
 +65 96659926 
ERA Associate Division Director
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YT Tan (陈永达)
Good afternoon buyers,

the maximum housing grant both of you can obtain is $50k according to your combined income of $7k. $20k proximity housing grant and $30k first timer housing grant.

In order to find out your affordability, it will be best to apply for HLE (HDB loan) or IPA (bank loan) to find out how much loan can you obtain first. With this and your cash on hand, you will have a better idea of your affordability.

How can I help you with purchase of your dream house?

Hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More
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