AskGuru Q&A Community

Dear sir/madam,

If you are purchasing the resale HDB under the Single's Scheme where you are not married, this is an avenue you may look into. If you are purchasing under the Non-citizen spouse scheme, I am afraid that your partner will be required to dispose his property in Malaysia after the purchase.

I have been in the real estate business since 2009, with more than 12 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi,

1) You must be at least 35 yrs old to be eligible to apply alone or with your partner for BTO/SBF. But you will be restricted to only a 2-rm flat in a non-mature estate.

2) If you are buying a resale flat, then the requirements are slightly different but not restricted only to a 2-rm HDB flat.
(a) Single Citizen Scheme: SC must be at least 35 yrs old.
(b) Non-Citizen Spouse Scheme:
(i) SC is 21 yrs old, the spouse must have a valid LTVP (Long Term Visit Pass) or Work pass at the time of application submission.
(ii) SC is 35 yrs old, the spouse must have a valid Visit Pass or Work Pass at the time of application submission.

3) Your partner will have to prepare to dispose of his overseas property when you are on the journey of HDB purchase.

4) Everything boils down to finance when comes to buying a home.
5) As an SC, you are still eligible for the below grants, You only need to be 21 yrs old and above to be eligible for these:
(a) Single Grant ($25k) &
(b) EHG (up to $40k) when buy under the Non-Citizen Spouse Scheme.
(c) PHG of $10k if the place of purchase is within 4km of your parents' home.

6) The above will definitely be helpful in solving your down payment. But your income must be able to support the loan you needed.

7) I will give you some reference on the income level you have to achieve in the next 2/3 yrs:
(a) $2k, loan = $119k
(b) $2.5k, loan = $149k
(c) $3k, loan = $179k
(d) $3.5k, loan = $209k
(e) $4k, loan = $239k
Every $500 will get you around $30k more. Plus your CPF OA saving, you should be able to find something that meets your requirement by then.
Do note that this MSR calculation is only valid till further cooling measures affect this tabulation.

8) If your partner is able to get an SPR status in the next 2/3 yrs will significantly increase your grant amount. You will also be eligible to buy BTO under the Public Scheme which is no longer restricted to a 2-rm HDB flat.

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

Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More