I intend to buy resale HDB house probably a 3- room flat or 4-room flat which is near to my parents. Currently I'm earning $2800 monthly. I would like to know much does HDB grant loan that I can received from my current situation?
Under your current situation,
(1)you are eligible to 2 grants:
(a) Single/Half-Family grant = $25K (2~4-rm)
(b) Proximity grant = $10k
(2) Estimated HDB loan = $185k for 25yrs with assumption this is the 1st HDB loan.
Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636, or email: firstname.lastname@example.org if more information is needed.
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