My children have moved out, what can I do with my empty flat?
For older couples approaching the empty nest stage, your HDB flat can actually open up a world of possibilities. Here’s the scoop.
What are the grants available for first time home buyers?
There are a lot of grants available today than in the past. While it is great, it can be super confusing as well. Grants that are available with effect of 11 Sept 2019 are: Enhanced Housing Grant Family Grant / CPF Housing Grant Proximity Grant
How do I receive special approval to sell before MOP?
All HDB homeowners are required to stay in their flat for at least 5 years. During these 5 years, they are not allowed to sell their house, rent their whole house or even apply for a new BTO. This period is commonly known as the
What is my housing loan eligibility?
This is a very common question that people ask. The maximum loan depends on: HDB Concessionary Loan or a private bank loan The type of property you buy Age of property HDB Concessionary Loans For HDB Concessionary Loans, you can borrow up to 90% of the flat’s value
What is a Singles Grant?
Single, 35 and Driven. Being single and 35 comes with a lot of perks. You are motivated, focused, at the prime of your career and best of all, you can have your own subsidised bachelor/bachelorette pad. You can now apply for a HDB flat. Read
What is Home Protection Scheme?
I am a firm believer of having a safety net. It is even more crucial when we are making any life-changing choices. Buying a home is one of our life-changing moments and we should be adequately prepared for the worst. Buying a home insurance one
What is a fire insurance?
A fire can happen anytime at home. There are many reasons from negligence to electrical overload. It could be a fire that started from our neighbours' house and spread to our home. In 2018, a total of 2,411 fire incidents occurred in residential premises (private
What is a Diplomatic clause?
A diplomatic clause is usually found in tenancy agreements for a lease of 12 months or longer. It allows for the termination of the lease before its expiry at a fixed time or upon the occurrence of specified event. A diplomatic clause is especially important
What is MSR and TDSR?
MSR (Mortgage Servicing Ratio) and TDSR (Total Debt Servicing Ratio) are one of the few important terms used by property buyers and investors. Home buyers who are using a loan or mortgage will need to know this. If you are planning to invest in property,
