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Hi, I am a Singaporean, single, 37 years old who has been living abroad for 12+ years. I recently got a job offer in Singapore and decided to relocate back to Singapore. I am planning to purchase a resale 3 room HDB. The problems i am facing are:
1. I have no CPF at all
2. No salary records in Singapore
How can I apply for a loan? Am I eligible for the Singles grant? The salary I was offered is 7K basic a month and a sign on bonus of 15K (paid when i join) + other bonuses which will be paid next year.
What kind of loan is recommended for me? I only have around 90K cash at the moment. Thanks in advance
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8 Answers

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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My Answer with regards to your Question:

https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/application-for-an-hdb-flat-eligibility-hfe-letter

Make an informed decision

Log in to the HDB Flat Portal using your Singpass to apply for an HFE letter. The HFE letter will provide you with a holistic understanding of your housing and financing options and help you plan your flat budget before you embark on your home buying journey.

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XXXXXXXX Read More
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You may wish to check with the bank instead of HDB to see if they are able to recognise your income to grant you a home loan. As for grant, you will still need to key in the necessary monthly income for HFE and base on that, should they request for income proof, then you produce your income proof for the eligibility assessment, given that all buyers will still need to apply for HFE, regardless of where their source of income is.

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

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Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

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Landed Dynamic Alliance
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Hi, appreciate your sharing. Best to check with bankers base on your current situation whether able to attain the loan.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
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Robbie Chen Chee Howe
Hi,

You might wish to apply for your HFE first? You will be clearer as to how much Grant you're eligible for.

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 +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More
1
In such a case, I would suggest for you to reach out to a few bankers to see if the banks are able to grant you a loan.

Bhavina Kaur
Propnex Realty
M: +65 91708295 
F: facebook.com/soldbybhavina Read More
2
In such a case, I would suggest for you to reach out to a few bankers to see if the banks are able to grant you a loan.

Bhavina Kaur
Propnex Realty
M: +65 91708295 
F: facebook.com/soldbybhavina Read More
2
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