cookiez 0 Report post Posted October 14, 2009 Hi, I'm planning to buy a resale flat to live together with my parents. We will be applying under the Public Scheme and I would also like to apply for a higher-tier Singles Grant of $20k. But I'm not sure if I'm still eligible for the grant cos my parents hv bought a flat many yrs back directly from HDB and hv already sold it away. Hope the experts here can enlighten me. Thanks! Share this post Link to post Share on other sites
raincole 0 Report post Posted October 16, 2009 (edited) Hi, I'm planning to buy a resale flat to live together with my parents. We will be applying under the Public Scheme and I would also like to apply for a higher-tier Singles Grant of $20k. But I'm not sure if I'm still eligible for the grant cos my parents hv bought a flat many yrs back directly from HDB and hv already sold it away. Hope the experts here can enlighten me. Thanks! If you want to apply under the single scheme, you will have to be 35 years and above. Your parents will be occupier instead of owner, so no influence on your grant. Loan amt will be based on your income. Just to add, if you want parents as owner, then it will be a family nuclus scheme, dun think can get the single grant then. Edited October 16, 2009 by raincole Share this post Link to post Share on other sites
Roflmaoxz 0 Report post Posted December 22, 2009 Trying to get some answers from my questions, please. I bought my 3-rm resale flat, without any grant in 2006. I intend to sell it off due to the hot demand around my area. So after the CPF refunds, and whatever proceeds to me, I intend to purchase a 4-rm resale flat near my parents. How much grants can I able to get from HDB? Let's say the purchase price of the my desired 4-rm is $320K, and my unit is $255K. My neighbor just sold his 3-rm unit @ $255K. Do I need to pay any cash upfront? Note: I am the only one contributing to the housing loans, and gross salary below $5K. Currently my last OA is about 15K. Share this post Link to post Share on other sites
alamak 0 Report post Posted December 22, 2009 Trying to get some answers from my questions, please. I bought my 3-rm resale flat, without any grant in 2006. I intend to sell it off due to the hot demand around my area. So after the CPF refunds, and whatever proceeds to me, I intend to purchase a 4-rm resale flat near my parents. How much grants can I able to get from HDB? Let's say the purchase price of the my desired 4-rm is $320K, and my unit is $255K. My neighbor just sold his 3-rm unit @ $255K. Do I need to pay any cash upfront? Note: I am the only one contributing to the housing loans, and gross salary below $5K. Currently my last OA is about 15K. no matter what, you still will have to fork out the COV during the 1st appointment. Your 'profits' if any will only come after the sales completion. Share this post Link to post Share on other sites
Roflmaoxz 0 Report post Posted December 23, 2009 no matter what, you still will have to fork out the COV during the 1st appointment. Your 'profits' if any will only come after the sales completion. alamak, I know I need to fork out COV, if the seller's asking price is higher than the valuation. So do you know how much grant am I entitled to? 40K? Share this post Link to post Share on other sites
forgotten 1 Report post Posted December 23, 2009 (edited) alamak, I know I need to fork out COV, if the seller's asking price is higher than the valuation. So do you know how much grant am I entitled to? 40K? Does the household 's combined income exceeding 8K? Edited December 23, 2009 by forgotten Share this post Link to post Share on other sites
Roflmaoxz 0 Report post Posted December 23, 2009 Does the household 's combined income exceeding 8K? Nope, within the CPF limit. Share this post Link to post Share on other sites
forgotten 1 Report post Posted December 23, 2009 Nope, within the CPF limit. Hehee then you should be able to get the 40K grant. Share this post Link to post Share on other sites
Roflmaoxz 0 Report post Posted December 23, 2009 Hehee then you should be able to get the 40K grant. forgotten, thanks. So do I entitled the additional housing grant as well? Share this post Link to post Share on other sites
forgotten 1 Report post Posted December 23, 2009 (edited) forgotten, thanks. So do I entitled the additional housing grant as well? For additional housing grant, the household income must not exceed 5K. This page shows different grant amounts for different income ranges. http://www.hdb.gov.sg/fi10/fi10201p.nsf/WP...nt?OpenDocument Hope it helps. P/s: So envious. I can't get any single grant leh. Edited December 23, 2009 by forgotten Share this post Link to post Share on other sites
Roflmaoxz 0 Report post Posted December 23, 2009 For additional housing grant, the household income must not exceed 5K. This page shows different grant amounts for different income ranges. http://www.hdb.gov.sg/fi10/fi10201p.nsf/WP...nt?OpenDocument Hope it helps. P/s: So envious. I can't get any single grant leh. Thanks 'forgotten', and merry xmas to you and renotalk ppl here. Share this post Link to post Share on other sites
