Buy HDB

[kellogs]

Hi Guys,

Sorry for asking, Are you able to buy a HDB (pay full in cash) if you own a condo now?

[devilplate]

Hi Guys,

Sorry for asking, Are you able to buy a HDB (pay full in cash) if you own a condo now?

can buy regardless got loan anot but u nid to dispose ALL your pte ppty within 6mths:p

[ysyap]

Yup.. whether its BTO new flats or resale... That's the deadliness of the last CM.

[Laguna]

I think u cannot buy new HDB flat, if u own pte pty in the last 30 months

[devilplate]

I think u cannot buy new HDB flat, if u own pte pty in the last 30 months

yes....not only bto....aso applies to EC from developer

[ysyap]

Oh yes.. for EC or BTO still have to satisfy income ceiling that has never changed for the last donkey years :banghead:

[devilplate]

Oh yes.. for EC or BTO still have to satisfy income ceiling that has never changed for the last donkey years :banghead:

shd b thankful tat income ceiling is kept unchanged

i feel tat AHG shd be improved....below 5k den eligible...:doh:

as for DBSS....they oredi up the ceiling from 8k to 10k rite? which i tink its a gd balance now....BUT EC aso same 10k....:doh: EC shd be 12k......:2cents: ;)

[ysyap]

shd b thankful tat income ceiling is kept unchanged

i feel tat AHG shd be improved....below 5k den eligible...:doh:

as for DBSS....they oredi up the ceiling from 8k to 10k rite? which i tink its a gd balance now....BUT EC aso same 10k....:doh: EC shd be 12k......:2cents: ;)Agreed that EC should be 12k. At 10k income, it is still pretty tight to get into private condo... unless no children and other family commitments...:cheers6:

[dtrax]

Any reason why EC needs to be capped 12k?
IMO based on the calculation made by my frend it seems quite affordable. His profile is the typical uni graduate currently the same age as me; already for working 2yrs and can easily afford a 750k EC (before gov subsidy) and his income is not even half of 10k salary (not combined with his gf). Of cse this takes into consideration that he is soon-to-be married and has yet any form of serious family commitment (kids, car, existing loans etc..)

[kellogs]

can buy regardless got loan anot but u nid to dispose ALL your pte ppty within 6mths:p

ouch! ... thanks for the info Devil's Bro :)

[ysyap]

Any reason why EC needs to be capped 12k?
EC is currently capped at $10k, not $12k. :D

[ysyap]

Just in case u are unaware, you can first own a HDB flat and then go buy a condo, just not the other way around! Not sure will this rule be changed should the next CM omes along!:spliff:

[Ronan Loh]

yes....not only bto....aso applies to EC from developer

You can seek case to case approval by submitting a form to hdb and reports the details of your private .

It is up to hdb decision.

[Geylang OKT]

can buy regardless got loan anot but u nid to dispose ALL your pte ppty within 6mths:p

upon hdb sales completion date. :D

[Regulators]

good thing i still keep my hdb :)