Posts Tagged ‘Singapore citizen’

Single Singapore Citizen Scheme in purchasing resale HDB flat

Written on December 20th, 2009 by adminno shouts

Different types of flats under HDB will have different sets of criteria that you will have to fulfill in order to make a purchase. All criteria typically involve citizenship status, age, family nucleus, income ceiling, time bar and ethnic policy factors.

In the case of Single Singaporean Citizen Scheme, single Singapore citizens who have reached the age of 35 (based on date of birth) can buy a resale HDB flat under the Single Singapore Citizen Scheme. There is no restriction by flat type or location.

As for widowed persons and orphans, the age criterion is at least 21. For an orphan buying a resale flat on his or her own, he or she must not have another sibling below the age of 35 buying a flat separately under the Orphans Scheme, Single Singapore Citizen Scheme or Joint Singles Scheme.
(more…)

HDB resale flat buyer eligibility

Written on December 19th, 2009 by adminno shouts

Buying a home is not only the biggest financial commitment one will ever make. In Singapore, if you are going to purchase a HDB resale flat, you should also ensure that you have met the eligibility conditions before committing to the resale transaction.

At the moment, you have to qualify under one of the following schemes so that you can buy a resale flat from the open market:

  • Public Scheme
  • FiancĂ©/FiancĂ©e Scheme
  • Single Singapore Citizen Scheme
  • Joint Singles Scheme
  • Non-Citizen Spouse Scheme
  • Non-Citizen Family Scheme
  • Orphans Scheme
  • Citizen/Singapore Permanent Resident (SPR) Siblings Scheme

Basically the eligibility conditions are with regards to citizenship, age and family nucleus.
(more…)