HDB resale flat buyer eligibility

Buying a home is not only the biggest financial commitment one will ever make. In Singapore, if you are going to purchase a HDB resale flat, you should also ensure that you have met the eligibility conditions before committing to the resale transaction.

At the moment, you have to qualify under one of the following schemes so that you can buy a resale flat from the open market:

• Public Scheme
• Fiancé/Fiancée Scheme
• Single Singapore Citizen Scheme
• Joint Singles Scheme
• Non-Citizen Spouse Scheme
• Non-Citizen Family Scheme
• Orphans Scheme
• Citizen/Singapore Permanent Resident (SPR) Siblings Scheme

Basically the eligibility conditions are with regards to citizenship, age and family nucleus.

If you are eligible to buy, the resale flat you are going to buy must also satisfy the Ethnic Integration Policy (EIP), which sets maximum proportions for ethnic groups in each block. The EIP is aimed to promote racial integration and harmony and to prevent the formation of racial enclaves, by ensuring a balanced ethnic mix among the various ethnic communities living in public housing estates.

It is good to refer to the TERMS AND CONDITIONS OF SALE/PURCHASE
OF AN HDB RESALE FLAT before proceeding to buy a flat in the open market.