AskGuru Q&A Community

Hi there,

Your average gross monthly household income must not exceed:

$7,000 if purchasing a flat on your own

For more details, you may look at this link:

https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/singles/cpf-housing-grant-for-resale-flats-singles

For further assistance, you may contact me at 94507283  .

Gary Shien
 94507283 
ERA Realty Network Pte Ltd Read More

Hi there,

Yes that is applicable if you are taking grant or HDB loan.

For further assistance, you may reach me at 94507283  .

Gary Shien
ERA Realty Network Pte Ltd
 94507283  Read More

Hi,

If you're not taking up a HDB loan, there is no income ceiling to purchase a HDB resale flat. You will need to form a valid family nucleus under one of the many HDB Eligibility Schemes.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

Hi,

No income ceiling unless you are applying for grants and hdb loan, with which you cannot exceed $7k per month.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
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ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
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ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15th Achiever in April 2019 (Top 1% Company Level)
ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
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Hi, appreciate your sharing
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Hi,

1) The income ceiling is only affected if you are applying for the following:
(a) HDB loan
(b) Grants

2) If you are not applying for the above, you may buy any flat type in the resale market as long as you are an SC and reached 35 years old.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer Read More