August 04, 2021
The PPHS provides interim housing to households awaiting the completion of their BTO flats with units allocated by ballot.
The Straits Times
SINGAPORE - An additional 800 interim rental Housing Board flats will be set aside for families waiting for their Build-To-Order (BTO) flats to be completed, including those facing construction delays, but there will be stricter eligibility criteria for those wishing to apply for these units.
To apply for a unit under the Parenthood Provisional Housing Scheme (PPHS) from Wednesday (Aug 4) onwards, the household combined monthly income cannot be more than $7,000, said the HDB on Tuesday.
The income reflected at the point of sale application for the BTO flat will be the basis for consideration, said HDB. Households whose incomes have fallen to $7,000 and below since their sales application may contact HDB directly.
More HDB rental flats for families awaiting BTO completion; new income ceiling for applicants Toggle share menu
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More HDB rental flats for families awaiting BTO completion; new income ceiling for applicants
More rental flats will be offered to help support families waiting for their Build-to-Order (BTO) home to be completed, said the Housing and Development Board (HDB) on Tuesday (Aug 3). Natasha Razak reports. 2 related media assets (image or videos) available. Click to see the gallery.
03 Aug 2021 11:09PM) Share this content
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SINGAPORE: More rental flats will be offered to help support families waiting for their Build-to-Order (BTO) home to be completed, said the Housing and Development Board (HDB) on Tuesday (Aug 3).
The Big Read: Rising prices, building delays young couples face perfect storm in quest for home sweet home Toggle share menu
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The Big Read: Rising prices, building delays young couples face perfect storm in quest for home sweet home
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The Big Read: Rising prices, building delays young couples face perfect storm in quest for home sweet home The delays couldn’t have come at a worse time for young couples eager to set up their very first marital home, newly-weds say.
In pre-pandemic days, prospective homeowners were waiting for about three to four years following a new launch for a flat under the BTO scheme. Now, they will have to add between six and nine months, or even a year in some cases, to the waiting game. (Photo: TODAY/Ili Nadhirah Mansor)
Commentary: If your BTO flat is delayed, staying with parents or in-laws isn’t a bad idea Toggle share menu
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Commentary: If your BTO flat is delayed, staying with parents or in-laws isn’t a bad idea
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Commentary: If your BTO flat is delayed, staying with parents or in-laws isn’t a bad idea Couples are frustrated because their new flats were delayed due to COVID-19 but this is a golden opportunity to bond with parents, says Tan Chin Hock.
Observers say the Build-to-Order application rate for a HDB flat is location sensitive. For example, flats that are a five-minute walk to Eunos MRT station saw the highest application rate among all projects launched in HDB s November sale exercise. (Photo: TODAY/Wee Teck Hian)
Restrictions on size for BTO
New ECs only accessible via JSS
Mortgage Servicing Ratio (MSR)
1. Citizenship
Singles can buy an HDB flat under the Single Singapore Citizen Scheme (SSCS) or Joint Singles Scheme (JSS). The latter allows up to four unrelated singles to co-own a flat.
However, both schemes require you to be a Singapore citizen.
2. Age requirement
To buy an HDB flat as a single, you have to be at least 35 years old (the other usual restrictions, such as ethnic quotas and being a Singaporean or Permanent Resident, also apply).
If you’re unmarried or divorced, and have legal custody of a child, you and your child can form a family nucleus. This allows you to buy flats under the public scheme from the age of 21, subject to the usual eligibility requirements.