Who is Eligible for HDB Loan?

Minimum 1 Singapore Citizen in application, Have not taken 2 HDB Loans, Must not own or have disposed of any private residential property* in the 30 months before the date of application, Do not own more than 1 market/hawker stall or commercial/industrial property, If 1 market/hawker stall or commercial/industrial property is owned, you must be operating the business yourself, with no other sources of income

Last updated:

September 2, 2022

Home Loan Eligibility (HLE) Letter

Minimum 1 Singapore Citizen in application
Have not taken 2 HDB Loans
Must not own or have disposed of any private residential property* in the 30 months before the date of application
Do not own more than 1 market/hawker stall or commercial/industrial property
If 1 market/hawker stall or commercial/industrial property is owned, you must be operating the business yourself, with no other sources of income

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Income Ceiling

$14K (Family)
$21K (Extended family)
$7K (Single)

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Residential Properties Includes

HUDC Flat
Property acquired by gift
Private Property
Property inherited as beneficiary under a will or as a result of the Interstate Succession Act
Property owned / acquired / disposed through nominees

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Additional Buyer's Stamp Duty (ABSD)

Type of Buyer		ABSD Rates from 6 Jul 2018 to 15 Dec 2021	ABSD Rates on or after 16 Dec 2021
Singapore Citizens	1st Property	0%	0%
	2nd Property	12%	17%
	3rd Property	15%	25%
Permanent Residents	1st Property	5%	5%
	2nd Property	15%	25%
	3rd Property	15%	30%
Foreigners	Any Property	20%	30%
Entities	Any Property	25% (Plus additional 5% for housing developers; non-remittable)	35% (Plus additional 5% for housing developers; non-remittable)

Who is Eligible for HDB Loan?

Home Loan Eligibility (HLE) Letter

Income Ceiling

Residential Properties Includes

Additional Buyer's Stamp Duty (ABSD)

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