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What grants am i eligible for?
I currently co-own a private property with my family and am looking to decouple so that i can buy a resale HDB with my fiancée. Am i still eligible for first timer grants such as CPF housing grant?

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3 Answers

YT Tan (陈永达)
Good morning Sir,

You WILL NOT be eligible for any housing grant even if you meet the eligibility conditions except one. You will have to dispose off your ownership in private property first and observe 30 months before eligible for housing grants in resale HDB purchase.

Hope my sharing helps in aiding in your enquiry.

May I know how can I value add further in your property needs?

Best regards,

YT Tan
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Hi,

Unfortunately no, you will not be eligible for any first timer housing grants as you are buying right after selling your share in the property. You will also not be eligible for HDB loan. You can still qualify for proximity housing grant of $20k if you are buying the flat near either of your parents.

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

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Robbie Chen Chee Howe
Hi,

I regret to inform you that you are not eligible for CPF Housing Grants as you currently own a private property. You may qualify for the Grants if you serve a wait-out period of 30 months, and your income ceiling does not exceed the stipulated ceiling ($14k currently) at the point of purchase.

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 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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