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Hi,

Yes, you're right. You will be able to enjoy first timer family grant if your combined monthly household income is below $14k. You will need to submit your income documents during your resale application.

If you're unemployed at the point of resale application, you will need to submit past 15 months CPF contribution history to HDB for their assessment for CPF Housing Grant.

For your spouse who's employed, he/she will have to submit past 3 months payslip, and past 15 months CPF contribution history. If your spouse is self-employed, instead of 3 months payslip, he/she will have to submit the latest NOA statement.

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 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi there,

Thank you for your query. I will be more than happy to assist you with your financial computations with exact figures. You will then be able to plan in a more streamlined manner accordingly. If you would like to tap onto insights and some advise, Please contact me at 96659926  at no obligation at all.

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D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7/8/9/2020

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Appreciate your sharing, in order to help you better can I know you are looking for rent or purchase or sale?
Welcome any questions at 9696 4398  via phone or WhatsApp. Email is Stewartlim96964398@gmail.com
Cheers
Stewart-PropNex Read More

Hi,

1) Theoretically your assumption is correct.
2) However, whether you are eligible for the grants will still be subject to HDB approval.
3) As long as you stop working for 1 month you are considered unemployed.
4) Bonus is counted as the income eligibility but at a hair-cut rate of 70%, since this is variable and not necessarily available.
5) Note that your unemployment status must be consistent at the point of resale application submission till the completion of the purchase. This period shall be at least 3 months long.

Hope the above answer 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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