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WHAT MODEL ARE YOU POWERED BY? WHAT IS THE GRANT FOR BUYING EXECUTIVE CONDO?

You may be eligible for a housing subsidy of up to $30,000 when buying a new launch Executive Condominium (EC) unit. At least one core applicant or occupier must be a first-timer. Subsidy amounts vary based on household income and first-timer status. Click for more.
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What are the loan-to-value (LTV) limits for bank loans in Singapore?

From 20 August 2024, the Loan-to-Value (LTV) limit for HDB loans will be reduced from 80% to 75%, aligning with the LTV limit for loans from financial institutions.
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Should I sell my HDB flat before buying another property

Consider using the Enhanced Contra Facility (ECF) to sell your HDB flat and buy another, reducing cash outlay and loan amount. Plan ahead by reviewing resale guidelines and ensuring your next housing arrangement. Consult your salesperson or HDB Branch for further guidance.
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Is ABSD payable for HDB shop house?

ABSD applies only to the apportioned value of the living quarters. Consider engaging a professional valuer to determine the specific portion.
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Can a tenant working in manufacturing rent an HDB flat

Tenants working in manufacturing can rent an HDB flat only if they are Malaysians. Since 1 Jan 2017, non-Malaysians in this sector can only rent individual rooms.
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Can a single person purchase an HDB shop house?

Purchasers of HDB shophouses must meet HDB's eligibility conditions.
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What does TSDR refer to in the context of Singapore real estate?

TDSR (Total Debt Servicing Ratio) measures total monthly loan repayments against a person's gross monthly income, including all debt obligations like car and student loans, with a limit of 55%.
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How do I determine if a strata-titled development is classified as a condo or apartment

A strata-titled development is classified as a condominium if it is at least 0.4 hectares with only apartment units meeting URA's requirements. Developments below 0.4 hectares or mixing strata landed and apartment units are considered apartments. Since 3 April 2012, mixed developments can't be classified as condominiums.
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Where does Buddy get the property area information from?

Buddy obtains property area from official documents like the Certificate of Title or Certified Plans. If unavailable, information may be gathered from the developer, Option to Purchase (OTP), or Sale & Purchase (S&P) Agreement.
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What are the criteria to ensure a tenant is eligible to rent our property?

Verify prospective tenants have valid documentation, meet minimum stay requirements (3 months for private properties), and comply with occupancy regulations. For HDB flats, ensure tenants meet HDB eligibility and subletting rules.
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