Purchase of HDB flats Flashcards

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1
Q

What are the types of priority schemes offered by HDB?

A
Parenthood PS
Married Chil PS
Third Child PS
Married Child PS
Senior PS
Tenants' PS
ASSIST
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2
Q

What is the scheme to help family with young children below 18 staying in rental flat?

A

Fresh Start Housing Scheme

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3
Q

What scheme to help seniors right-size their flat?

A

Silver Housing Bonus

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4
Q

Maximum flat choice under SHB?

A

3 rooms or smaller

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5
Q

Is Lease Buyback Scheme restricted to any housing type?

A

No. ALl flat types

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6
Q

Minimum lease to sell back to HDB

A

20 years

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7
Q

Rental flats can be applied through?

A

Open Market
Public Rental Scheme - only SC
Parenthood Provisional Housing Scheme

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8
Q

How many schemes can singaporeans apply through HDB for BTO

A
6
Public scheme
Fiance/ Fiancee Scheme
Orphan Scheme
Joint Single
Single Singapore Citizen Scheme
Non-CItizen Spouse
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9
Q

Maximum HCI for 2 room

A

$6000 gross monthly household income

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10
Q

How many years myst SPR wait before applying for purchase of resale HDB flat?

A

3 years after obtaining SPR status

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11
Q

How many schemes can one apply through HDB for resale?

A
Public scheme
Fiance/Fiancee scheme
Orphan scheme
Joint Singles Scheme
Single Singapore Citizenship Scheme
Non-Citizen Spouse Scheme
Non-Citizen Family Scheme
Conversion Scheme (Jumbo- maximum 3 room + 3 room)
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