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Hi, you will have to wait till Oct before you can apply for the HFE.

Regardless of HDB or bank loan for purchase of the upcoming resale, you will still need a valid HFE. It is a new rule that you need a valid HFE before you can even obtain a OTP from the sellers.

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Hi, appreciate your sharing. Only can apply after wait out period. Meanwhile you can check how much can you loan at the moment from banker to start planning.
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Hi,

Yes HFE needed regardless whether you are taking loan. You can only apply HFE after the 15 month wait out period is over. There will be a question in the HFE application asking if you have sold any private property within the last 15 months, if so they will immediately indicate you can't apply now.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

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HFE can only be applied upon fulfilling the 15 months wait out period. You will need HFE regardless if you require home loan or not. Also, if you are intending to use CPF to finance the HDB purchase, you will also be required to submit for valuation request. Hope the reply is adequate. Do give the response a like if you find it helpful. Thank you!

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It's generally advisable to wait until the end of your 15-month wait-out period before applying for the Enhanced Housing Grant (HFE). Here's why:

Eligibility Period: The eligibility for the HFE is tied to your eligibility to purchase a resale flat. Since your 15-month wait-out period ends in October, you should wait until then to ensure that you meet all eligibility criteria for both purchasing the resale flat and applying for the HFE.
Application Process: Applying for the HFE requires certain documentation and verification of eligibility criteria. It's best to apply when you have all the necessary documents and can confirm your eligibility based on your specific circumstances at that time.
Regarding your second question, even if you intend to fully pay for the resale flat in cash or CPF funds without taking a HDB or bank loan, you still need to have a valid HFE. This is because the HFE eligibility is a prerequisite for purchasing a resale flat, regardless of the financing method.

It's important to note that regulations and policies may change, so it's always a good idea to check with the Housing & Development Board (HDB) or a qualified housing advisor for the most up-to-date information and guidance tailored to your situation.
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