{"id":106919,"date":"2019-05-08T07:00:31","date_gmt":"2019-05-08T00:00:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-you-buy-a-subsidised-bto-flat-for-the-3rd-time\/"},"modified":"2019-05-08T07:02:45","modified_gmt":"2019-05-08T00:02:45","slug":"can-you-buy-a-subsidised-bto-flat-for-the-3rd-time","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-you-buy-a-subsidised-bto-flat-for-the-3rd-time\/","title":{"rendered":"Can You Buy A Subsidised BTO Flat For The 3rd Time?"},"content":{"rendered":"


\nAccording to MND, HDB received around 790 appeals to purchase a third subsidised flat over the past five years. Of this, around 170 have been approved.
\nUnder current regulations, all eligible Singaporeans can acquire two subsidised\u00a0Build-to-Order (BTO) flats from the Housing and Development Board (HDB), with a resale levy paid for the second acquisition.
\nHowever, seniors aged 55 and above are allowed to purchase a third flat from HDB, but is limited only to a two-room Flexi flat on a short lease, said the Ministry of National Development (MND) in a written answer to Parliament on Monday (6 May).
\n\u201cWe are unable to extend housing subsidies for non-elderly households to buy a third new flat, as this would not be fiscally sustainable,\u201d the ministry said in response to\u00a0MP Gan Thiam Poh\u2019s questions on appeals for BTO units from applicants who have already bought two BTO flats.
\n\u201cHowever, HDB does receive such appeals and will consider each one on a case-by-case basis,\u201d the ministry said, adding it has received around 790 appeals to purchase a third subsidised flat over the past five years. Of this, around 170 have been approved, due to exceptional circumstances.
\n\u201cIn particular, if an appellant and his\/her spouse are buying a subsidised flat together, and the spouse is a first-timer, HDB may consider making an exception on account of the fact that the spouse has not yet taken up any housing subsidy.\u201d
\nCan\u2019t wait for the next BTO exercise? Find\u00a0HDB flats for sale\u00a0or read our\u00a0HDB guides\u00a0to help you make better-informed property decisions. Can you afford an HDB flat? Check your\u00a0affordability\u00a0now.\u00a0
\nFiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Can You Buy A Subsidised BTO Flat For The 3rd Time?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

According to MND, HDB received around 790 appeals to purchase a third subsidised flat over...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106919","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rOv","jetpack-related-posts":[{"id":120548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-bto-projects-delayed-by-six-to-12-months-says-mnd\/","url_meta":{"origin":106919,"position":0},"title":"Most BTO projects delayed by six to 12 months, says MND","date":"July 7, 2021","format":false,"excerpt":"\r Most BTO projects delayed by six to 12 months, says MNDTo reduce the length of delays, the HDB is working with various agencies on mitigating measures such as securing \u201cexemptions to allow less noisy construction activities to be carried out on Sundays and Public Holidays where possible\u201d.\u00a0 With the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/construction-image-crane.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":110459,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/about-5190-first-timer-families-unsuccessful-in-their-bto-applications\/","url_meta":{"origin":106919,"position":1},"title":"About 5,190 first-timer families unsuccessful in their BTO applications","date":"September 3, 2019","format":false,"excerpt":"\r The Ministry of National Development (MND) revealed that about 990 and 4,200 first-timer families were unsuccessful in their application for a flat in August and November 2018 BTO exercises. A total of 5,190 first-timer families have been unsuccessful in their attempt to apply for a flat during two Build-to-Order\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120533,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bto-flat-buyers-hit-by-construction-delays-may-appeal-to-cancel-booking-without-penalties\/","url_meta":{"origin":106919,"position":2},"title":"BTO flat buyers hit by construction delays may appeal to cancel booking without penalties","date":"July 9, 2021","format":false,"excerpt":"\r BTO flat buyers hit by construction delays may appeal to cancel booking without penaltiesHDB will waive\u00a0the option fee and one-year wait-out period\u00a0for successful appeals.\u00a0 Buyers of Build-to-Order (BTO) flats affected by construction delays may appeal to the Housing Board for the cancellation of their flat booking without penalties, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/HDB-Singapore.jpg?fit=810%2C422&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-not-to-provide-direct-financial-subsidies-for-open-market-rental\/","url_meta":{"origin":106919,"position":3},"title":"HDB not to provide direct financial subsidies for open market rental","date":"October 6, 2021","format":false,"excerpt":"\r The decision by HDB not to provide direct financial subsidies for rental units on the open market was made to prevent driving up market rentals and inducing demand. The Housing and Development Board (HDB) has no plans to provide flat buyers with direct financial subsidies to help them rent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/rental-hdb-singapore.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pphs-income-ceiling-allows-govt-to-prioritise-families-in-greater-need-of-temporary-housing\/","url_meta":{"origin":106919,"position":4},"title":"PPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housing","date":"October 6, 2021","format":false,"excerpt":"\r PPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housingDelays in the construction of BTO flats, increased competition for open market rental, and the growing number of those who work from home have led to more demand for PPHS flats. The income ceiling of $7,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/HDB-EIP.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":40149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-ramp-up-bto-flat-supply-ahead-of-launch\/","url_meta":{"origin":106919,"position":5},"title":"HDB to ramp up BTO flat supply ahead of launch","date":"January 10, 2017","format":false,"excerpt":"\r The Housing Board is looking at ways to quicken construction of new flats to shorten the waiting time for buyers. (Photo: Chen Siyuan, Wikimedia Commons) The Housing and Development Board (HDB) is looking at ways on how it can advance the construction work of some Build-To-Order (BTO) projects and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106919"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106919"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106919\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}