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Anonymous

28 Apr 2023

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First timer for resale - Intend to buy show I’m not eligible for grant and hdb loan

I just done a intent to buy and its show that I'm not elligible for hdb loan and grant due to the last 3 month combined gross salary more than 14k. however that's not because we got that much salary but is due to the bonus that usually come in by Jan/ Feb.

so my question is, the intend to buy show so, should I continue do my HLE ? because Our combined salary definitely less than 14k if average by past year Or even 6 month. not sure how it work . Thanks if anyone can answer it.

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Ace

03 May 2023

If due to bonus, believe have to appeal formally after you get HLE/HFE - providing CPF statements probably to show due to bonus.

But since you hit the limit, it's likely there's some probability you can't meet the eligibility for HDB loan - need to consider alternative plan e.g. loan from banks.

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Zhiliang

02 May 2023

Founder at Made By Underscore

You can actually send an enquiry to check with HDB on this. They have also recently changed HLE to HFE over here.

https://www.hdb.gov.sg/enhancements-to-hdb-flat...

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YOC

30 Apr 2023

Maybe better to contact hdb to check with them....

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