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Hi, I would like to ask some doubts. I am expecting getting Pink IC end of this February.
My wife (SPR), she stopped working for quite long time in order to take care of our child after CB period, and she start working last year November and again stop work recently. She has passed 3 months pay slips.

I have tried to check the budget via HDB website with taken into account the grant for first time buyer. The loan amount is affected as my wife is not working now.

Shall I wait her to get a new job first or can I proceed to purchase a resale flat? As I worry the loan amount is reduced. Our aim is to get 4 rooms to 5 rooms @ SGD 580,000 - SGD 585,000.

In current market, still able to get?
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1 Answer

Ling CK
Replied
Hi,

1) You are correct that the HLE is based on household income.
2) In order to be counted under the household income, the income must be continuous for at least 3 months provided this is an income with monthly CPF contribution.
3) Not sure how much difference without your wife's income component. Thus unable to advise further.
4) As of current listings available, there are more than 600 5-rm units that are within your budget.
5) Although the HDB price is rising, it is at a gentle rising not surging up. Therefore if your situation can be changed within 6 months on your application. You should be fine.

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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