Actually nowadays bto like not much grant...

[PikaManiac]

My friend his wife. Monthly income like 7/8k. He say the house like 500/600k. The grant only like 20k. Still need 100k downpayment. How to buy?

 

[Mephist0pheLes]

My friend his wife. Monthly income like 7/8k. He say the house like 500/600k. The grant only like 20k. Still need 100k downpayment. How to buy?

Buy a cheaper hse? Income probably in the bottom quartile but want buy a hse in the top quartile location.

 

[Eliwood]

Fren = TS.

Ur monthly income is combined or single?

If combined pls look at post #2.

 

[coyote]

My friend his wife. Monthly income like 7/8k. He say the house like 500/600k. The grant only like 20k. Still need 100k downpayment. How to buy?

Income hitting limit of course less grant. $500/600k you cannot afford? It's so cheap.

 

[nachtsid.er]

dun buy, rent

 

[EDMW-Hates-Me]

It is means tested. Higher income get less.

 

[CanIsayNo]

500/600k for bto? if friend finds it expensive, why not try non mature estate?

 

[zueinder]

My friend his wife. Monthly income like 7/8k. He say the house like 500/600k. The grant only like 20k. Still need 100k downpayment. How to buy?

the grant is for below median.

 

[PikaManiac]

500/600k for bto? if friend finds it expensive, why not try non mature estate?

Already East Side leh.

 

[CanIsayNo]

Already East Side leh.

east side best side. they never consider apply tengah etc?

 

[invigo79]

only need to pay 10% downpayment when you book the BTO so only 60-70k at most (Inc stamp fees). the other 10% when collect key 5 years later.

if no money then dont apply.


Read HWZ Forum Rules!

 

[Ronaldo88]

knn..still hiam bto price..better go resale

 

[dnsfpl]

eligible to buy is the best grant liao

min 400k profit lei

stepping stone to landed

huat ah

 

[wwenze]

Buy a cheaper hse? Income probably in the bottom quartile but want buy a hse in the top quartile location.

Check how many voters qualified for GST vouchers before talking about quartiles...

 

[sick_and_tired]

Govt ask u not to have crutch mentality why u don't listen

 

[charsiewfan]

BTO itself is already a subsidy

 

[d3fc0n]

my 2013 bto 500k also 0 grants. back then hit 6k combined income no grants liao. but i 0 cash outlay still. all fully paid by cpf. finish loan in about 7yrs time. dont tell me about accrued interest cos not selling

 

[antonpoh]

My friend his wife. Monthly income like 7/8k. He say the house like 500/600k. The grant only like 20k. Still need 100k downpayment. How to buy?

20% downpayment can be cash or Cpeef.
7/8k income should have more than 100k in their Cpeef.

 

[coyote]

dun buy, rent

Then edmwers will say, siao ah, help landlord pay for their home loan.

 

[PikaManiac]

20% downpayment can be cash or Cpeef.
7/8k income should have more than 100k in their Cpeef.

Bo ah. 1 of them just started working. Coz had 4 kids. The other 1 odd job de, not everytime got cpf.