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Hi. I am 31 years old, single working a full time job here in Singapore. Currently me and my elderly dad are lodging at my sibling 1 room rental flat. As my sibling has plan to move out with her children in their new bto flat early next year, she has no plan to renew another 2 years contract for this 1 rm rental flat. As such, i have no other place to stay.. what are the options would you suggest? If i apply for a bto flat.. i would need to wait for another 4 years.. meanwhile can i get a rental flat while waiting for the bto flat to be ready? i understand to rent from hdb.. income cannot be more than $1500. but my gross is around $4500..Renting a room would be difficult as i am bringing my elderly father who has dementia and i have a lot of things to store. what suggestion would you advise for my case? thank you.
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3 Answers

Hi Sir/Mdm,

You may want to explore getting a cheap resale HDB flat instead as waiting time will be shorter. Have you checked with HDB on how much loan you are eligible for?

Please feel free to contact me so that I can draft up a financial plan for you.

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Nick Tan
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Hi,

It looks like you should try to apply BTO with your dad first and see how the result goes. There's an element of luck involved since its random balloting for getting an unit. If you manage to get to select a BTO unit, chances are you have to rent from open market for a few years until hdb completes construction. If you don't wish to wait, you can look out for a more affordable resale hdb (perhaps 3-rm) which paperwork can be completed in 4 months at the earliest. Thanks and hope to assist with your housing plans further.

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Ivan Ng ERA ASAP
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GAN ENG JOO ONASSIS
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The best place to obtain info is the nearby HDB branch. They will be able to assist you to obtain the rental HDB in view of your father condition.

Call me now, we can explore further in detail.

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