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Hi Calvin,

Unfortunately no, for HDB purchase, it requires a family nucleus which means both your income and your wife's must be declared for the application. The household income ceiling for BTO is 12k per month. If it exceeds that, you will not be eligible and may have to look at other options such as new EC, resale hdb or private condo.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Hi Calvin,

Judging from the info that you have provided, unfortunately you will not be able to purchase a BTO flat. You can look into buying a new condo instead, since your daughter is only ready for school in 3 years. A new condo will enable you to minimise your cashflow when it is building and you will able to take advantage of the capital upside when it is ready.

Please feel free to contact me so that I can understand your requirements better and provide you with further assistance

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi Calvin,

In order to apply for BTO, you will need to apply it together with your Wife, either with both of you as owners, or one of you as owner, the other the essential occupier.

Regardless of ownership, to be eligible to apply for BTO, your household income should not exceed S$12k per month. This includes both you and your wife's income. She cannot apply with your Daughter, unless both of you divorced and she has the sole custody of your Daughter.

If your combined household income exceeds S$12k, you have other options:

1) get a HDB resale flat. There is no income restriction. However, you will need to serve a 5-year MOP before you can sell or rent out the flat.

2) consider getting a private residential property. There's no income restrictions, and you have more flexibility in terms of selling and renting out in the future. Has more potential for growth as compared to a resale HDB flat.

3) rent an apartment. This is what I will not suggest if you have the capability to own a property.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your home purchase. 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

HI,

Applying for BTO will require to meet the HDB eligibility. However, there are no scheme which can meet for your wife to apply herself or with your daughter.

If your salary have exceeded the salary threshold, then i will suggest looking at other alternative such as Resale HDB or private property. As you and your family are only coming back in 3 years time, it will be a good option to get a new project now and will be ready when you are back.

Getting a resale will roughly take 6 to 8 weeks to complete and plus the renovation, it will be ready in a half a year time which you won't be back but this will also represent a good opportunity in other area.

Feel free to call me to discuss further at 9270 7548 

Alan Sng
Propnex Read More