Official May 2017 BTO

[catlover24]

I didnt apply HLE. I was told by my banker you only need to apply for bank loan nearer to taking your keys, since I am taking bank loan.
Not sure how true.

You'll need this thing called In-Principle Approval (IPA) from the bank for your first appointment.

 

[Yuanliang]

Looks like have to skip this and wait for a new bto to be launch. Nov 2017 BTO, any opinion on the location? Seems bad to me for Punggol as sea view blocked

 

[arm4da]

You'll not be required to pay the balance until you collect your key.

Don't count on your HLE nearer to key collection date unless you reading law/medicine.

It's astounding to see the number of people on hardwarezone being so impractical with their BTO applications.

small wonder why the dropout rate for BTO projects is relatively high, and why they offer more queue numbers than available units

 

[lilin572]

You'll need this thing called In-Principle Approval (IPA) from the bank for your first appointment.

Ah...didnt know that...will go get that

 

[akloaklo]

Signing of Agreement for Lease is done during unit selection?

 

[arm4da]

Signing of Agreement for Lease is done during unit selection?

http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/buying-process/timeline

 

[believe88]

Hi all,

Need some help over here.

My gf has already been working for the past 3 years (continuous employment) and i am in my final year of university education. We bto-ed to maximize the amount of grants before i start work.

Question:
We can comfortably clear downpayment of 5/10% using my gf's CPF atm + fork out stamp duties with cash.
Will we be required, at this point of time, to pay the excess $$ between the flat price (assume 500k) and maximum loan amount stated in HLE (assume 275k) ?? or simply, do we have to pay 500k - 275k = 225k in cash now?

Correct me if i am wrong, our understanding is that nearer to key collection date(in a few years), our HLE will be reassessed and IF at the point of time, the maximum loan offered is 490k, we have to pay the excess of 500k - 490k = 10k during this 2nd HLE assessment.

thank you!

What grants can you get?

 

[crazy37]

Wow.. so you managed to go through all the steps on the HDB webpage to apply for a flat, including special page that mention about loan, and still manage to ignore everything, and now come and flaunt your ignorance.

no. 10xx ... i just need 1000 ignorant pple like this in front of me and I can finally be Conan the Bidadarian.

 

[honkeong]

Ah...didnt know that...will go get that

According to bank, you will need a letter
Of offer from HDB in order to apply.

 

[Yuanliang]

Actually I got a share in a partnership company, but recently gonna submit annual return so I am also considered self employed now need pay income tax Liao. Can I submit it together with my Two other employed income statement? maybe there's abit of hope for a higher loan

 

[ash_ley]

Combine 4660

I tot for every 1k earn can loan 100k.... pls correct me
If I am wrong...

 

[Yuanliang]

No idea... let's see if anyone else know

I tot for every 1k earn can loan 100k.... pls correct me
If I am wrong...

 

[arm4da]

I tot for every 1k earn can loan 100k.... pls correct me
If I am wrong...

what do you think?

don't talk about loans, even credit card applications have a minimum income requirement...and it's definitely not 1k for 100k

 

[Zahlen]

maybe for the average joe and joette, 1k for 100k can be used as a rough gauge? I had similar quote from a bank. of course best to check directly

 

[didiboogie]

maybe for the average joe and joette, 1k for 100k can be used as a rough gauge? I had similar quote from a bank. of course best to check directly

not true. when we did the HLE a few mths ago, our combined income was $8K. max loan was 500k plus ish

 

[tgtan38]

Whether how much you can apply for loan depend on your age, TDSR & MSR requirement

 

[ash_ley]

I see.. thanks everyone just submitted mine and praying for the best! If only I know about it then wouldnt have switched to a freelance role .. hahah fml...

 

[lastguardian]

Didn't change since last week... last served still stuck at 17... how come ah?

How you see last served? you go down see ah

 

[The Poor One]

How you see last served? you go down see ah

Log in to your hdb . Under your application, it will tell u the last q number as of that day

 

[goodsindo]

I got Dakota Breeze ballot number 111x/671 units. Most likely no chance?

hello! did you get an appt letter from HDB?