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My mother and me planned to buy HDB resale flat under Non-Citizen Family Scheme.Im a new citizen currently still serving NS, while my mother is holding on to SP.How much do we have to pay as down payment to HDB? And how do we apply housing loan from HDB or bank? For a flat around 500k, What will be the monthly balance we need to pay every month?
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1 Answer

Afternoon Gary,

You need to attain age of 21 in order to be eligible to purchase under non-citizen family scheme. Your mother' should be holding long-term visitors pass and declaration is required from her. As for the mortgage loan, you might have an issue as you are only getting an allowance during NS period.

FYI
Mike Lim
 96929209 
ERA Read More
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