'Can I BTO during MOP?' Commonly asked questions about eligibility to buy an HDB flat

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For most of us, adulting is hard. And it gets even more daunting when it's time to buy a house. Given the high cost of housing in Singapore, most of us would go for an HDB flat as our first home. On the other hand, since HDB flats are a form of public housing, there are many criteria and conditions...

For most of us, adulting is hard. And it gets even more daunting when it's time to buy a house.On the other hand, since HDB flats are a form of public housing, there are many criteria and conditions to meet before you're eligible to buy one. And understanding these conditions and navigating the buying process can be a little tough, especially if you're buying a home for the first time.Technically, you cannot buy an HDB flat by yourself as a married person.

If you plan to buy a non-subsidised HDB resale flat , you need to wait for 15 months before you can apply for the HDB Flat Eligibility Letter . Another condition is that you’re not allowed to apply for a new flat from HDB. This allows the housing board to better prioritise the limited housing supply to those who do not have an HDB flat yet.

As mentioned above, from May 9, 2023 onwards, essential occupiers are considered second-timers. An exception to this is parent-child households buying an HDB flat.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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