From May 9, potential buyers of Housing Board flats just need to make a single application to get a letter informing them if they are eligible to buy a new or resale flat, how much in Central Provident Fund (CPF) housing grants they can use and how much HDB housing loan they qualify...
Currently, their eligibility for flat purchase and housing grants is not confirmed at the point that they apply for a new flat or secure the purchase of a resale flat. And buyers need to provide relevant supporting documents such as payslips and CPF statements repeatedly to HDB for verification at various stages of assessment.for HDB flat purchases, housing grants and HDB housing loans into a single application “will bring about more certainty and convenience to buyers”, said HDB.
Applying for the HDB Flat Eligibility letter, which will replace the current HDB Loan Eligibility letter, is a two-step process.
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