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Hi, I'm a SC and I will be 35 soon. I'd like to buy a resale HDB with my parents (LTVP pass). My personal salary is above $7000. The average salary of my family is below $7000. May I know am I qualified for housing grants under singles scheme?
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6 Answers

Housing grants eligibility is based on monthly household income and not average salary of the family. Read More
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Hi, appreciate your sharing, It depends you purchase under single or family scheme.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
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Hi,

Grants eligibility criteria is based on total monthly household income amount, not average or income per capita. Hence unfortunately there will not be any grants available in your scenario. You may want to start applying HFE letter once you turn 35 years old officially.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

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Hi,

1) The income ceiling is based on all income from all applicants; owner(s) and occupier(s).
2) So your household income is not based on the average income of all applicants but income from everyone.
3) Because you are buying under a family scheme with your parents as the essential occupier, your income ceiling would be $14k instead of $7k.
4) I suggest you apply for HFE when you reach 35 years old. The HFE will advise the amount of grants and loan amount according to your application.
5) Please make sure your parents apply for the Singpass to ease the HFE application process.
https://www.singpass.gov.sg/home/ui/register/instructions

6) If they have difficulties filling in their information on the computer. You may bring them to the location stated below:
https://www.singpass.gov.sg/home/ui/counter-locations

7) Their information will be uploaded once they scan in using their Singpass during the application of the HFE.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, 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
https://www.linkedin.com/in/ckling/ Read More
1
Buying with Parents (Income and HFE):

>>Income Ceiling: Consider the total income of everyone in the application (you, your parents)./ IN THIS CASE IS 14K , NOT 7K
>>HFE Application: Apply for HDB Flat Eligibility (HFE) at 35 to get details on grants and loan amounts
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Hi,

I suggest you apply for HFE first in order to determine your eligibility, loan amount, grant amount and other details.

Hope this helps,

This platform does not allow me to contact you directly so kindly contact me at
https://wa.me/6597261112 I would be glad to assist you further
Thank you and best regards,
Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

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