FAQ: On Buying a New HDB Flat
- Do I have to dispose of my private property within six months of buying a non-subsidised HDB flat? Can I still retain my private property if it is overseas?
- I hear that property prices are going up. Can I still afford an HDB flat?
- The waiting time for Build-To-Order (BTO) flats may be too long for young couples who need a flat urgently. Why can't HDB build ahead of demand?
- I am a Singapore Permanent Resident (SPR) who owns an overseas property, but am unable to sell it as I have family members living there. Can I still purchase an HDB flat?
- I am an HDB flat owner and have satisfied the Minimum Occupation Period (MOP). If I have bought a private property, can I choose to live in the private property and rent out my HDB flat instead?
- I am a private property owner and have recently inherited an HDB flat. Can I keep both these properties?
- What is the difference between Design, Build and Sell Scheme (DBSS) flats and Executive Condominiums?
- I hear that high Cash-Over-Valuations (COV) are pushing up the prices of HDB resale flats. Is HDB doing anything about it?
- I own a 3-room HDB flat, and am servicing the housing loan for that flat. I plan to buy a 5-room flat with a bank loan as I am not eligible for an HDB loan. What is the amount of loan I am eligible for?
- Some people say that the housing subsidy is not a true subsidy. Is that so?
- Why introduce SHG, instead of enhancing AHG?
- I am an HDB flat owner and have recently inherited another HDB flat. I understand I can keep only one and sell the other within a certain time. Please advise me.
- When will the next DBSS or EC project be launched for public sale?
- The increase in value of my HDB flat is only paper gain. As my HDB flat is my only home, if I sell it, where would I stay? How can I ever monetise it then?
- What is the impact of private property owners (PPOs) buying resale flats on flat prices? Should PPOs be banned from buying resale flats?
- What's SHG and why does HDB set the qualifying income for SHG at $2,250?
- If HDB flats are affordable, why are some households in arrears?
- What is the impact of Permanent Residents (PRs) and foreigners on the public housing market? Have they driven up resale prices and rents?
- Why is it that I cannot buy a 2-room or 3-room flat under the Ageing-in-Place Priority Scheme (APPS)?
- I have already sold my existing property and am in the process of completing the sale and discharging my outstanding loan. Will I still be considered as having an outstanding loan when I apply for a bank loan for my new housing purchase?
- Why does HDB require at least one of the flat buyers to be working continuously for a minimum of one year prior to the flat purchase to qualify for the SHG?
- What is the difference between the Multi-Generation Priority Scheme (MGPS) and the Married Child Priority Scheme (MCPS)?
- I am living with my daughter and her husband who are the owners of the flat. Am I eligible for the Ageing-in-Place Priority Scheme (APPS)?
- Why does HDB set the income ceiling for purchase of new flats and resale flats with CPF Housing Grant and for taking an HDB concessionary loan at $10,000?
- Why has HDB waited 17 years before revising the income ceiling?
- What is the change in balloting rules for MCPS?
- Why is the Special CPF Housing Grant (SHG) only for standard flats in non-mature estates?
- Why is there a price difference between new flats offered under the Build-To-Order (BTO) exercise and the unsold flats of that sales launch offered in the Sales of Balance Flats (SBF) exercise?
- What is the difference between the Multi-Generation Living Scheme (MGLS) and the Multi-Generation Priority Scheme (MGPS)?
- Can rental flat tenants apply for the Special CPF Housing Grant (SHG) to buy over their existing flat? If so, is the grant given on top of the tenancy discount?
- My flat has been announced for SERS and I have applied for a replacement HDB flat. Can I or my spouse purchase private property?
- I think I should be given a higher loan amount. How does HDB decide how much loan I should get?
- I am not sure if I should apply for a DBSS flat as I am waiting for the outcome of the DBSS review. What is the status of the review?
- Is the Additional CPF Housing Grant (AHG) really a grant or is it just a loan?
- How would I ensure that I have sufficient retirement funds if I have to service my housing loan over a long period of time?
- Is HDB profiting from the sale of optional components like doors when selling new flats?
