In general, you have to be a 35-year-old Singapore citizen in order to be eligible to buy an HDB flat as a single. Unless you're widowed or orphaned (unfortunately), then you can apply to buy a flat as soon as you turn 21.
Unrelated singles who are 35 years or older can also jointly apply for an HDB flat – up to 4 such individuals can co-own a flat this way under the Joint Singles Scheme. The only other eligibility requirement is the EIP and SPR quota (used to encourage and maintain social cohesiveness).
Yes, you can. For resale flats, HDB has a Conversion Scheme whereby eligible buyers/owners can apply to join up two existing flats on either of these two conditions: 1. You currently own a three-room HDB flat (or smaller) and want to buy an adjoining three-room or smaller resale flat.
They paid $120,000 for their 45-year-lease two-room flat. A comparable flat with a 99-year lease costs around $230,000 to $250,000. Their new flat is in the same neighbourhood, and they moved in last April after selling their resale corner flat for $370,000.
Divorced persons are also able to buy or own a subsidised flat each upon divorce, from 6 March 2018. If they wish to purchase resale flats, they can also qualify for up to $30,000 Proximity Housing Grant (PHG) even if they are not first-timers.
For new HDB flats, conveyancing fees are calculated as follows: First $30,000 of property value: S$0.90 per S$1,000. Next $30,000 of property value: S$0.72 per S$1,000. Remaining Amount: $0.60 per S$1,000.
You can buy a new HDB flat as a couple, a family, a single, or together with unmarried siblings or other singles.
The Ministry of National Development (MND) will have to carefully consider allowing singles to buy three-room Build-To-Order (BTO) flats, due to the long-term implications on the public housing market.
To be eligible for 3Gen flats, applicants must form a multi-generation family comprising at least a married or courting couple, and the parents of either spouse. Resale conditions are stricter: These flats must be sold to other eligible multi-generation families.
You are 21 years or older. Your gross monthly household income is less than $12,000 ($18000 for extended families) You do not own, or have not owned any residential private property in the 30 months before the application for the HDB loan. You do not own more than one market/hawker stall or commercial/industrial
The household income cap will go up from S$12,000 to S$14,000 for families looking to buy a Build-To-Order (BTO) flat. This increased cap will also apply to HDB housing loans. Those looking to buy an Executive Condominium will also benefit from a higher income cap, up from S$14,000 to S$16,000.
HDB - Housing And Development Board.
A Singaporean whose spouse is neither a citizen nor a Permanent Resident (PR) is not eligible to buy a new four-room flat. When buying directly from the HDB, such couples can only apply under the Non-Citizen Spouse Scheme for new flats, which limits them to new two-room flexi flats in non-mature estates.
Latest HDB for Resale
| Property Type | Price |
|---|
| Punggol | 4 Rooms HDB Flat | $399,000 |
| Punggol | 4 Rooms HDB Flat | $420,000 |
| Tampines | 4 Rooms HDB Flat | $455,000 |
| Jurong West | 4 Rooms HDB Flat | $348,000 |
- Step 1: Check your eligibility to buy a resale HDB flat.
- Step 2: Plan your finances.
- Step 3: Look for a suitable flat.
- Step 4: Receive option to purchase from the seller.
- Step 5: Request a valuation report.
- Step 6: Complete the resale checklist for buyers.
- Step 7: Exercise your option to purchase.
HDB Loan Eligibility (HLE) letter
The HLE letter will be valid for 6 months. You have to wait out 30 months from the date of disbursement of an HDB housing loan before you can apply for another loan. Do apply early as you need to have a valid HLE letter when you: Book a new flat^ from HDB.Under current regulations, all eligible Singaporeans can acquire two subsidised Build-to-Order (BTO) flats from the Housing and Development Board (HDB), with a resale levy paid for the second acquisition.
After the 5-year MOP, from 6th to 10th year, EC can be sold in the open market to those who can meet the following eligibility conditions. You need not form a family nucleus to buy a EC from the open market. For e.g. a single person above 21 can buy a EC from the open market.
Hi Elizabeth, sadly you are not allowed to purchase brand new ECs or DBSS as a single, as you do not form a family nucleus or unit. However you may note that DBSS is like any other HDB, the only difference is its finishes and pricing (which is generally slightly higher).
As with public housing, EC applicants must either form a family nucleus or join up with other singles if they are at least 35 years old. They must also not exceed the household income ceiling of S$14,000. Only Singaporean couples and Singaporean/permanent resident couples can buy an EC unit.
Public Scheme
You form a family nucleus with any of the following: Spouse, and children (if any) Parents, and siblings (if any) Children under your legal custody, care and control (if widowed/divorced#)DBSS Not Worth the Buy. The Design, Build and Sell Scheme (DBSS) have been suspended by the Housing and Development Board (HDB) since July 2011. This article examines the popularity behind DBSS flats and the likely flat options “wannabe” owners of DBSS flats can consider.
Yes, you can buy a resale HDB flat in any size under the SSCS. If you are a first time applicant, you are entitled to a grant or grants provided that you do not purchase a flat bigger than a 5-room flat. No, single PRs cannot buy a HDB flat whether new or resale.
Under the 2-room Flexi Scheme, elderly citizens have the flexibility of choosing the length of lease on their 2-room flat, based on their age, needs, and preferences. First- and second-timer families, as well as first-timer singles, can buy new 2-room flats on a 99-year lease.
Maximum number of tenants allowed
To prevent overcrowding, the number of tenants you can have in your flat is limited by your flat type. Please note that 1- and 2-room flats can only be rented out whole — individual bedrooms of 1- and 2-room flats cannot be rented out.Your gross monthly income must not exceed $10,000 or $15,000 (gross monthly household income) if you are living with extended family. For this example, a 30-year old with a family who has a monthly income of $5,000 wants to buy a 4-Room BTO flat with an HDB loan. $230,000 (est.) $800 (est.)
The Minimum Occupancy Period or MOP means flat owners can't sell or rent out their property for five years.
Minimum Occupation Period (MOP) is only one of the set of eligibility conditions you must fulfil before you can sell your flat. Typically, homeowners must occupy the flat for at least 5 years before applying for the Request for Confirmation of Eligibility to Sell Your HDB Flat and putting it up on the market.
Second-Timers are also liable to pay a Resale Levy when they buy a new EC directly from developer. A few ECs are exempted of the Resale Levy though. But ECs that are launched from 2015 onwards will have the Resale Levy rule imposed on Second Timers.
After selling your EC in the open market, you must wait 30 months before you can submit an application to buy any of these: A new flat from HDB. An apartment under the Design, Build and Sell Scheme (DBSS) from developers. Another EC from developers.
Additional Notes for second-timer HDB homebuyers who want to get another BTO Flat. Having previously bought a BTO flat from HDB, you'll need to pay a resale levy if you buy a new BTO flat – it's a policy put in place by HDB to ensure a fair distribution of subsidies between first and second-time applicants.
Doing a “HDB Contra” is basically to sell your current HDB flat right after taking ownership of your new HDB flat. This is a great option because you can renovate and move in to your new flat first while being in the process of selling your existing flat.
Applicants' parents or married children must be either living with them or staying in the same town or within two kilometres of the flat they are applying for. You need to note that your parents must continue living in the same estate or within two kilometres of your BTO flat for the MOP (of five years) as well.
HDB cannot have one name only esp if you are marriedand HDB can only have one under ur name + someone's name. In short, only a family nucleus can own HDBbuy from HDB or resale.
Popular HDB for Sale
| Property Type | Price |
|---|
| Woodlands | 4 Rooms HDB Flat | $400,000 |
| Jurong West | 4 Rooms HDB Flat | $438,000 |
| Jurong West | 4 Rooms HDB Flat | $438,000 |
| Ang Mo Kio | 3 Rooms HDB Flat | $350,000 |
