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Should govt remove the 35 years old singles limit?

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Old 12-07-2018, 02:28 PM   #61
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What is the official reason given for not allowing singles under 35 to get a unit? And how do they come about with the magic number 35
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Old 12-07-2018, 02:30 PM   #62
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What is the official reason given for not allowing singles under 35 to get a unit? And how do they come about with the magic number 35
Minimum age of 35 for singles to buy HDB flats remains: Minister Wong
Government more focused on building two-room flexi flats to meet growing demand by singles.

The minimum age of 35 for singles who want to buy HDB flats will not be changed, said National Development Minister Lawrence Wong as a response to MP Alex Yam.

“He mentioned that Singaporeans are marrying later. But marriage rates are still high among singles under the age of 35, so I would say that the age of 35 is still valid today,” Wong explained.

Meanwhile, Wong said they are now focusing on building more two-room flexi flats to meet its growing demand. He noted that more than 12,000 singles have already bought two-room flats and application rates for it are still high.

Alternatively, Wong said singles can opt to buy resale flats near their parents as it is more cost-efficient given the adjustments in the Proximity Housing Grant (PHG).

“Enhancements to the PHG will make this a more attractive option, because with the changes to the PHG as Members have recognised, we are giving a higher grant of $15,000 for singles who buy a resale flat to live with their parents. They are now also eligible for a $10,000 grant to buy a resale flat near their parents. I hope that this provides more options to singles in the resale market. Taken together with other housing grants, singles may now receive up to $60,000 in grants to buy a resale flat,” he explained.

Furthermore, Wong also announced that the Housing & Development Board (HDB) will launch 1100 Build-To-Order (BTO) flats this year.
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Old 12-07-2018, 02:37 PM   #63
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30% of your monthly gross income including bonus

/edit sorry is 30% not 35%
30% including your cpf can what, why cannot? Not enough top up cash roh. Getting the hdb loan should not be an issue

Servicing the loan is a separate issue
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Old 12-07-2018, 02:38 PM   #64
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You can always rent a whole unit like those ft
don't feel it's the same.

sinkies is stay here. ft is go back home. most do anyway.
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Old 12-07-2018, 02:39 PM   #65
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Sg is pro family. Singles are useless in that aspect... Pay tax yah big deal
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Old 12-07-2018, 02:39 PM   #66
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worry young gen got side income dun work ofc
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Old 12-07-2018, 02:39 PM   #67
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30% including your cpf can what, why cannot? Not enough top up cash roh. Getting the hdb loan should not be an issue

Servicing the loan is a separate issue
Oh ya, forgot average edmwer pay is $20,000 pm

Starting pay $8,000 pm de
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Old 12-07-2018, 02:43 PM   #68
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So that can bring gals home n piak piak den shotgun liao can get married... issit that what the govt wan to increase population?
Yes, should lower to 30 yrs old. But if never get married within 5 yrs after TOP the flat will be confiscated
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Old 12-07-2018, 02:44 PM   #69
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Oklah, buy those 2-room flexi bto at those non mature

Sengkang Fernvale dew is like $100,000 only
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Old 12-07-2018, 03:19 PM   #70
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U mus be a bergin bbfa that use yr right n left hand... sometimes couples need to live tgt before proceeding to next level


Sg is pro family. Singles are useless in that aspect... Pay tax yah big deal
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Old 12-07-2018, 03:30 PM   #71
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Oh ya, forgot average edmwer pay is $20,000 pm

Starting pay $8,000 pm de
HDB loan calculator

https://services2.hdb.gov.sg/webapp/...HLY/BB29SMTHLY

100k loan for 25 years is $454/mth which means you need to earn at least $1,600

That is the salary of a diploma holder
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Old 12-07-2018, 03:33 PM   #72
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HDB loan calculator

https://services2.hdb.gov.sg/webapp/...HLY/BB29SMTHLY

100k loan for 25 years is $454/mth which means you need to earn at least $1,600

That is the salary of a diploma holder
Yes, good to buy a 2-rm flexi bto at non mature estate indeed
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Old 12-07-2018, 03:36 PM   #73
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Yes, good to buy a 2-rm flexi bto at non mature estate indeed
Arbo buy where? Single can only buy 2 room bto and they are all located in slum areas. Otherwise make more money buy condo roh
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Old 12-07-2018, 03:43 PM   #74
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Arbo buy where? Single can only buy 2 room bto and they are all located in slum areas. Otherwise make more money buy condo roh
Parent now can also pay for their children to live in 2 room flexi slum
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Old 12-07-2018, 04:40 PM   #75
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Parent now can also pay for their children to live in 2 room flexi slum
1 room Studio leh.
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