Understand the terms and you will factors to the different financing selection before carefully deciding
If you prefer funding to invest in and take along the possession out of a flat, you may also make an application for a housing financing regarding HDB or perhaps the financial institutions (FI).
Get an enthusiastic HDB Apartment Eligibility (HFE) letter via the HDB Flat Webpage to have a holistic understanding of the housing and funding selection one which just embark on your property to shop for travel. It does show upfront of your own eligibility to buy a beneficial the fresh new or selling flat, and amount of housing provides and HDB houses financing you are eligible for.
Eligibility standards
All people in this new core family relations nucleus on your HFE letter application, designed by the candidate(s) and occupier(s) exactly who permit the house to get to know the new qualifications requirements towards apartment buy, have not taken two or more construction financing out of HDB.
* Construction loan is not designed for the purchase away from dos-room Flexi flats to the short book or Neighborhood Care Rentals. You must pay for the brand new flat purchase using cash and/ otherwise CPF Normal Account offers.
Attention or ownership in the a property
Youre thought to individual or have an interest in a property if you have acquired a property thanks to get otherwise when its:
