Arcachon
01-11-21, 10:58
HFE letter
Currently, eligibility for a flat purchase, CPF housing grants and HDB housing loans are assessed at different stages of a flat buyers' journey.
Through the HDB Flat Portal, the eligibility assessment for HDB flats, grants and loans will be via a single application.
This will provide flat buyers greater clarity on their total housing budget and financing options in one document.
It will also inform flat buyers of their eligibility for a new or resale flat purchase, and how much housing grants and HDB housing loan they can qualify for.
The feature will also allow for back-end link-ups with other government agencies to retrieve applicants' particulars required for HDB's assessments with the applicants' permission.
This reduces the need for applicants to manually enter their particulars or submit supporting documents repeatedly.
Currently, eligibility for a flat purchase, CPF housing grants and HDB housing loans are assessed at different stages of a flat buyers' journey.
Through the HDB Flat Portal, the eligibility assessment for HDB flats, grants and loans will be via a single application.
This will provide flat buyers greater clarity on their total housing budget and financing options in one document.
It will also inform flat buyers of their eligibility for a new or resale flat purchase, and how much housing grants and HDB housing loan they can qualify for.
The feature will also allow for back-end link-ups with other government agencies to retrieve applicants' particulars required for HDB's assessments with the applicants' permission.
This reduces the need for applicants to manually enter their particulars or submit supporting documents repeatedly.