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Hi,

You need to be PRs for both applicants for at least 3 years before you can apply for resale HDBs. HDB BTOs require at least 1 citizen applicant.

You will have to consider private condos, however you will be subject to 15% ABSD if your foreigner spouse name is included in the ownership. But if you purchase under your own name, ABSD will be 5% for PR first residential purchase. Thanks and is this something you will consider at the moment?

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More

Good morning!

In order to purchase a resale HDB, both of you must be SPR for at least 3 years respectively thus you can only purchase a private property as of now.

If you purchase under both names, you will be subject to additional buyer's stamp duty of 15% as your husband is a foreigner. If you decide to purchase solely under your name, it will be 5%.

Your initial outlay will be at least 28% of the purchase price:

1) 5% cash downpayment
2) 15% CPF OA funds downpayment
3) estimated 3% buyer's stamp duty
4) 5% ABSD as SPR (15% with husband)
5) legal fees, valuation fees, stamp duty for mortgage etc.

Maybe you can share more information on your finances so I am in a better position to advise you.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

As advised, you are unable to purchase HDB at this moment until your husband get his PR and then u need to wait for another 3 years (unless HDB changes its rules again).

You may wish to purchase a private property. As a start, the cheapest one bedroom condo is about $530k in Singapore.
Assuming you buy under your name, you need approximately at least $143,000 cash assuming that you qualify for a 80% loan based on the PR average pay.

Feel free to contact me at 81824811  if you need more info. No obligations.

Regards
KB Chong R040110F
ERA Senior Marketing Director Read More