Asked by Anonymous
Hi I just applied 2RM BTO at non-matured estate in May16 under single SC scheme. I have stated in the application that I'll take Bank loan for financing.
I’m currently employed in Singapore, but I have a plan to work in the third world country for voluntary developmental work (probably with no pay) for next 5 years while the new BTO is being built, and to move back to Sg when the flat in ready in next 5 years.
Here are my questions.
1. Can I still change to HDB loan after I had stated in the application that I would take bank loan?
2. until when I should be employed to be eligible for bank/HDB loan? (I mean at which point of application process e.g. booking of flat, signing lease agreement, etc. as I have a plan to resign and leave Singapore.)
3. Do I need to be employed at the point of collection of keys from HDB (at the time when the bank loan become effective)?
4. Where do I check the prototype of the proposed BTO? TIA!
I’m currently employed in Singapore, but I have a plan to work in the third world country for voluntary developmental work (probably with no pay) for next 5 years while the new BTO is being built, and to move back to Sg when the flat in ready in next 5 years.
Here are my questions.
1. Can I still change to HDB loan after I had stated in the application that I would take bank loan?
2. until when I should be employed to be eligible for bank/HDB loan? (I mean at which point of application process e.g. booking of flat, signing lease agreement, etc. as I have a plan to resign and leave Singapore.)
3. Do I need to be employed at the point of collection of keys from HDB (at the time when the bank loan become effective)?
4. Where do I check the prototype of the proposed BTO? TIA!
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