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I am Single SC 35 years old. Income above 7k a month. I am looking to purchase 3 bedrooms resale in open market for own and family stay. Both my parents are Malaysian, and I have a sibling working in Singapore under Employment Pass. May i know if I am eligible to purchase a resale flat and what i should take note of the process and time to complete the process to register for the Intent to Purchase.

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4 Answers

YT Tan (陈永达)
Good morning Sir/ Mdm,

You can kickstart the process by registering intent to buy on HDB resale portal.

And apply for HLE (HDB loan eligibility) or IPA (bank) to see how much can you loan.

With a budget in mind, it will be easier for you to search for units that are 4rm flats and above in your preferred locations.

Do prepare cash over valuation just in case.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
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1
Hi,

Yes you can purchase under the Single Singaporean Citizen Scheme. First it would be good to ascertain the budget, may I know the cash / CPF OA you are ready to use for the property? Next will be good to know how much loan is attainable (be it HDB or Bank Loan). You can apply for the HDB HLE on the hdb website, or I can assist to calculate for the attainable bank loan amount.

The Intent to Buy can be done online in 10 minutes. The whole resale process will take approximately 3.5 months to complete. If the seller requires extension, it may be 6.5 months before you can get the keys of your new place, so its good to start early now.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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1
Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you could go for a resale HDB flat in your case and could I refer a mortgage broker to you?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

I am pleased to inform you that you're eligible to purchase a HDB resale flat under either Single Scheme or Non-Citizen Family Scheme.

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
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