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May I know for household income exceeds $8,000 but below $10,000 what types of flat we can get directly first hand from HDB?? Would I be require to pay a resale levy levy & can I still take CPF loan for the next property?

Our parent had purchased a new flat under the Married Child Priority scheme in Bt Merah area. Can we shift to any location & what kind of penalty would HDB impose on us?
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1 Answer

Hi Mugen,

1) You are eligible to buy an EC or DBSS Flat for household income exceeds $8,000 but below $10,000.
2) You do need to pay a levy if your next purchase is a subsidized flat direct from HDB.
3) You are allow to take HDB Loan for 2 times, but pls do take note on the new HDB policies changes for 2nd time HDB Loan applicant.

Hope that I have answered your questions.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
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