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Good morning,

Both of you will be eligible to purchase under public scheme if she is under your legal custody, care and control (for widowed/ divorced persons).

You can refer to this link for more information:
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/couples-and-families

Just for illustration:
If a HDB is $300k and your loan eligibility is $114k,

valuation fee: $120 (cash)
resale application fee: $80 (cash)
agent commission: $3270 (1% of purchase price plus GST) - cash
stamp duty: $4200 (cash/ cpf)
ABSD: $15k (cash/ cpf) as SPR
CPF $150k

You should need around $60k in cash.

Hope my sharing aids in your property needs. Do contact me if you need any assistance.

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!

Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

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Hi, yes you will be able to purchase a resale 3 or 4 room flat. The best way for you to calculate what grants you can get as well as how much loan is possible (might not have due to your age) will be to apply for a HFE, which will show you the breakdown in numbers.

However, right off the paper if we assume a unit at 400k,

There will be costs incurred such as
ABSD 5% (20k) in cash
Buyer Stamp duty
Resale application fee
valuation fee
lawyer fee
Agent fee

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
 97396040 
landonchew@email.com Read More

You should be eligible to purchase a resale HDB under public scheme with your daughter in your custody. Do up an assessment of your home loan with a bank first to determine your loan numbers before we can look into what are the options available for you.

I have been in the real estate business since 2009, with more than 14 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
Senior Division Associate Director
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
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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If YR SON is under your legal custody, care, and control, both of you qualify for purchasing under the public scheme, particularly for widowed/divorced individuals. Read More

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

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For buyers, I offer solutions for sourcing resale and new private homes at no charge.

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From: ABLE Toh- Your Property ASSISTANT ：）

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