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HDB Questions

Asked by single 30 Mar 2012

for me who earns more than $5000 per month, can i buy a 5 room resale flat, get a bank loan and still get a grant of $15000 under single singapore scheme? thanks

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Mike Lim · Answer 1 · 2012-03-31T12:18:53+08:00

Mike Lim

Replied 31 Mar 2012

Afternoon,

To obtain a grant, you are limited by the income ceiling of $5k for single scheme. You will also have to take HDB loan for that particular purchase.
For you case, you can only purchase resale unit without grant, using bank loan.

FYI
Mike Lim
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