to you some useful information about HDB flats, these information
are an abstract from HDB Website, you can obtained more detail information
at HDB InfoWeb.
Ways to buy a HDB
HDB offers sales of flats through
three different modes, Build-To-Order (BTO), Walk-In-Selection (WIS)
and Balloting Exercise (BE). Click on each type to show you how
it is done.
Are you eligible
to apply for a flat
To buy a HDB flat, you must be a
Singapore Citizen or your family nucleus must comprise of at least
another Singapore Permanent Resident or Singapore Citizen. You should
be at least 21 years of age. Other conditions such as not a owner/ex-owner
of second flat brought directly from HDB, your gross monthly household
income or you are bankrupt, affect you eligibility to purchase a
HDB flat. more info at HDB
Work out a Financial
Before you consider whether you
should apply for a 5-room or a Executive Condominium, you need to
ensure that your CPF has sufficient funds to finance your purchase.
Although CPF currently allows you to use up to 100% of your Ordinary
Account to pay for the purchase, you need to consider whether your
monthly CPF contribution to your Ordinary Account is able to finance
your installment payment for the HDB/bank loan.
HDB InfoWeb provides a tools to
help you calculate your Sales
Financial Plan. You should also take a look at some important
information provided by CPF
on buying a house.
Check out what
are the flats on sale
Now that you are ready to apply
for a flat, check out HDB's
e-services : Flats on offer for the existing and coming BTO,
WIS & BE.
You could also sign up with HDB
eAlert service to receive the latest e-mail alerts about HDB's
to Purchasing a Resale Flat
If you are considering purchasing
a resale flat, the procedures of purchasing one is more complex
than applying for a new HDB flat. Now with HDB InfoWeb, you just
need to follow the step-by-step
guide provided in it website and in no time you will be the
expert in this field.
Buying a Executive Condominium
A Executive Condominium (EC) is
comparable in design and facility to private condominiums and they
are developed and sold by private developers.
You could either purchase a EC directly
form developers or from developers under the CPF housing grant or
in the open market.
Find out what are the procedures
required in each of the type of purchase in HDB InforWeb's Buying
an Executive Condominium.
Buying an Apartment
Under Design, Build and Sell Scheme
This scheme was introduced in early
2005 by Mr Mah Bow Tan, the Minister of national Development. It
involves private sector in the development of public housing and
provides more housing choice to the public. This type of flats are
comparable to private apartments in terms of design and finish but
are cheaper than market rates for private apartment in the same
area. To find out what are housing subsidy, eligibility conditions
and sales of DBSS flats, visit HDB InfoWeb's Buying
an Apartment Under DBSS.
Renting a Room/Flat
from Home Owners
HDB flat owners are allow to rent
a room or the entire flat to Singapore Citizens, Singapore Permanent
residents and non-citizens. However, before you rent one from the
owner or you intend to rent out yours, you should know what are
the rules and regulation governing the rental of a room and a flat.
For example, owners of 1 and 2-room flats are not allowed to sublet
their bedroom, each flat type has a maximum number of bedrooms allowed
for subletting and there is a maximum number of occupiers allowed
in each flat. Breaking these rules may result in repossession of
your flat. Find out more detail information in HDB InfoWeb's Subletting