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The combined income of my wife and I will hit $8000 next Jan.

By that time, being first-timers, we would still be eligible for $30000 CPF grant (possibly $40000 if we choose to buy a flat near our parents).

Looking at the price of HDB right now and in 2010, do you suggest we get a flat now despite the high price, or should we wait till HDB price cools down eventually?
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3 Answers

Hi Dawn,

If your combined household income hits $8000 at the time of application, I regret to inform that u would not be eligible to get the 1st-timer grant and near parents' grant. Successful appeals on case-to-case basis. The grant is for household income below $8000.

You are getting a HDB for your own stay, and depending on your urgency, to wait till HDB prices cools down, it will take minimumly 1-2years time or never.

U got to consider, whether u need a flat now or not.

Cheerz,
Brandon - 8233 23 23 ERA Read More
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(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

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I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

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