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Hi,

1) You will be eligible for the deferred income assessment when you meet the following criteria, which I believed you are meeting the following:
(a) Full-Time Student
(b) At least one party is age 30 yrs old or below.
(c) At least one party must be a 1st timer.

2) The income assessment for housing grants and loans will be carried out approximately 3 months before the flat completion for an uncompleted flat.
3) For an uncompleted flat, you can make use of the Staggered Downpayment Scheme and pay the required downpayment in 2 installments.
(a) 1st installment of downpayment (5% or 10% of the purchase price) at the signing of Agreement for lease. This can pay using cash or CPF OA saving. This could happen 1 to 2 yrs before flat completion.
(b) Balance at key collection. This can pay using cash or CPF OA saving.

4) If you have sufficient funds in your CPF OA, you may use your CPF funds and get back your booking fees (not option fees). Otherwise, this paid booking fees will form part of your down payment.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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