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Hi

Only gross monthly income. Exclude bonus and OT.
Monthly fixed is counted in. Like fixed monthly transport.

The requirements is 3 months pay slip. So what is not fixed income will be identified and omitted in the calculation.

Hope it clarifies any doubts

Shawn
 90294371 
Shawnchewproperties@gmail.com
ERA Read More

Hi,

From your question, it seems like you are very near to the limit of eligibility in terms of household income.

Not so sure you could get the grant amount you are looking for. Other than household income, citizenship also one of the critical condition.

SC+SC:
Household Income:
<=$10k, grant = $30k
<=$11k, grant = $20k
<=$12k, grant = $10k

SC+PR:
Household Income:
<=$10k, grant = $20k
<=$11k, grant = $10k

The above only valid if both of you are 1st timer. If one of you are 2nd timer, the grant amount will be different.

Do note, you must be husband & wife to receive the grant.

Hope the above answer to 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

Note:
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Dear Sir/Mdm!

Good day to you!
I’m Daniel Tan from Huttons.

I have found the link from the HDB website to further your understanding.

http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/eligibility/executive-condominiums

Based on HDB, for an employed person:
"Assessment is based on the average gross monthly income, which:
-Excludes bonuses and income earned from overtime work
-Includes allowances (fixed/ variable) received on a regular basis (e.g. allowances for food, transport, laundry, uniform, etc)"

Allow us to arrange for an appointment so as to allow me to better share on your EC purchase and the financing.
Rivercove Residences being the only EC launch in 2018, have been very high in demand. Therefore please act fast before the preview is over.

Hear from you soon.

Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.

Have a great day ahead.

Best Regards

Daniel Tan
Huttons Asia Pte Ltd

(+65) 9477 5100 
daniel.tck@outlook.com
www.danieltanrealestate.com
FB@danieltanrealestate Read More

Hi, I believe by now you already have some idea about the grant as mentioned by my colleagues. And do you wish to drop by Rivercove Residences EC, which is the only new EC being launched this year. The balloting and booking day will be on the 14th April. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More