(a) | have at least one buyer who is a Singapore citizen; |
(b) | have average gross monthly household income not exceeding :-
-$10,000@ for families*
- $15,000@ for extended families*
- $5,000@ for singles buying a 5-room or smaller resale flat under Single Singapore Citizen (SSC) scheme
And submit HLE applications from 15 Aug 2011 onwards for the following categories of transactions: Category | Cut-Off Date | Purchase of new flats | Sales exercises launched from 15 Aug 2011 | Purchase of resale flats
(including resale SERS flats) | Resale application received from 15 Aug 2011 | Transfer of flat ownership | Transfer application received from 15 Aug 2011 |
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(c) | have not previously taken two or more HDB concessionary interest rate loans; |
(d) | do not own any private residential property^ in Singapore or overseas; |
(e) | have not disposed off any private residential property^ within 30 months before the date of application for HDB Loan Eligibility (HLE) and have never taken any HDB concessionary interest rate loan; |
(f) | do not own more than one market / hawker stalls or commercial / industrial
property in Singapore or overseas; |
(g) | own one market / hawker stall or commercial / industrial property and operate the business yourself; |