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Main Applicant must be Singapore Citizen (SC) Family nucleus must comprise at least another SC or SPR
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Applicant(s) must be at least 21 years old at the time of application (Purchase under Joint Singles Scheme, must be at least 35 years old)
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Must form a proper family nucleus under one of the 4 schemes: . Public . Fiance/Fiancee . Orphan . Joint Singles * Buying Dual-key EC unit, must form a multi-generation family
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Average gross monthly household income must not exceed $14,000 (Case to case basis, can try appeal. Call us for further details)
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Undischarged bankrupts need to seek the Official Assignee (OA)'s consent if they are applying for an EC. However, they do not need to seek the OA's approval to be listed as an occupier.
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Applicants/Occupiers listed in the Application Form must not own / dispose / have an estate or interest in any other flat, house, building or land -Within 30 months before the date of application, and -Between the application date and the date of taking possession of the EC
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HDB/DBSS/EC |
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If already bought two subsidised housing units -- > will not be eligible to apply or be listed as an essential occupier in an application. Eligible Subsidised Flat owner need to fulfil 5 years MOP Resale Flat without Grant MUST fulfil 5 years MOP on EC TOP's date
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| Avgerage Monthly Household Income |
CPF Housing Grant (SC/SC Household) |
CPF Housing Grant (SC/SPR Household) |
Half Housing Grant (SC/SC Household) |
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| $10,000 or less | $30,000 | $20,000 | $15,000 |
| $10,001 to $11,000 | $20,000 | $10,000 | $10,000 |
| $11,001 to $12,000 | $10,000 | $0 | $5,000 |
| $12,001 to $14,000 | Not Eligible | Not Eligible | Not Eligible |
*Applicable for EC Land Sales sites launched for tender on or after 9 Dec 2013
| HDB Sold on or before 19 May 1997 |
HDB Sold on or before 3 Mar 2006^ |
HDB Sold after 3 Mar 2006 |
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| Premium based on | Type of 1st subsidized flat+ | Resale levy rates | Type of 1st subsidized flat+ | Resale levy rates |
| 20% of the purchase | 2-room | 10% | 2-room | $15,000 |
| price of the EC unit | 3-room | 20% | 3-room | $30,000 |
| 4-room | 22.5% | 4-room | $40,000 | |
| 5-room | 25% | 5-room | $45,000 | |
| Executive | 25% | Executive | $50,000 | |
| - | - | EC | $55,000 |
Note:
+ The flat is considered a subsidised flat if it was bought from HDB or from the open market with CPF Housing Grant.
^ The principal amount of the resale levy is computed as a percentage of the transacted resale price or 90% of the market value of the flat, whichever is higher. Interest accrues on the principal amount payable.
