Income ceiling for extended family scheme is too low My husband and I are buying a resale flat. We are first-time applicants and our combined monthly income is below $8,000, so we would qualify for the Housing and Development Board (HDB) concessionary loan. To encourage first-time applicants and young couples to stay with their parents, the HDB recently introduced the extended family scheme, with a new...
Income Ceiling
MPs debate whether to up $8,000 ceiling for DBSS buyers THEY are public housing flats designed, built and marketed by private developers, costing as much as $700,000 - which begs the question: Should not the $8,000 income ceiling for prospective buyers be raised? Taking up the issue of Design, Build and Sell Scheme (DBSS) flats in Parliament yesterday, Nominated Member of Parliament...