Anonymous

06 Sep 2022

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When is BTO income ceiling calculated? During BTO application or during HLE application?

I am kind of confused because this is not clearly stated. They said it is calculated during time of application, however you are only required to provide income statements during HLE? Any help will be greatly appreciated!

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Ace

06 Sep 2022

Should be at the point of application - you can check the eligibility criteria - https://services2.hdb.gov.sg/webapp/BP13EligChe... - based on last 3 mths income before application date.

I believe upon application - all income documents have to be formally submitted - this is where they confirm whether one is eligible.

Application shld be before balloting.
HLE is mainly for loan application / financing the HDB flat.

I think if one is just thinking - haven't put in application yet (1st initial step) it's not deemed as serious enough so the info appears to look vague (available one HDB website if look hard enuf) - the information becomes very clear when one is in the process itself (i.e. use SingPass and start the application).

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