Asked by Eugene
Hi,
My wife and I are both Singaporeans and are recently married (ROM). We have applied for BTO 8 times all unsuccessful and have decided to go for resale as we do not want to delay our family-building plans.
Target: 4-rm Resale at AMK
Age: 26
Combined Gross Income: 4.2K
Combined CPF in OA: 45K
Combined Cash on hand: 40K
Questions:
1) Can anyone tell me exactly what housing grant I am eligible for?
2) Is my finance too tight for a 4-room resale flat in AMK?
3) I had work for a company (A) for 3.8years before leaving the company in early May 2011. I joined a new company (B) in end May 2011. I read that in order to be eligible for the HDB housing grant, I need to be in continuous employment for minimum 1year. Based on my above scenario, am I deemed eligible?
4) My parents are encouraging us to rent a flat instead while continuing to apply for a BTO considering that new flats supply are ramping up. Do you think this is a good idea?
My wife and I are both Singaporeans and are recently married (ROM). We have applied for BTO 8 times all unsuccessful and have decided to go for resale as we do not want to delay our family-building plans.
Target: 4-rm Resale at AMK
Age: 26
Combined Gross Income: 4.2K
Combined CPF in OA: 45K
Combined Cash on hand: 40K
Questions:
1) Can anyone tell me exactly what housing grant I am eligible for?
2) Is my finance too tight for a 4-room resale flat in AMK?
3) I had work for a company (A) for 3.8years before leaving the company in early May 2011. I joined a new company (B) in end May 2011. I read that in order to be eligible for the HDB housing grant, I need to be in continuous employment for minimum 1year. Based on my above scenario, am I deemed eligible?
4) My parents are encouraging us to rent a flat instead while continuing to apply for a BTO considering that new flats supply are ramping up. Do you think this is a good idea?
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