Source : AsiaOne News, Fri, Aug 10, 2007
Looking for a flat, especially one near your parents in a matured housing estate like Bukit Merah or Geylang?
Check out the Housing & Development Board's Aug 2007 bi-monthly sale of 4-room and bigger Flats, which starts today.
This is HDB's third sales exercise under the combined balloting/walk-in system, which has replaced the previous Walk-in-Selection system.
On offer are 188 4-room flats, 132 5-room flats and 34 executive flats located in 14 established estates, including Bedok, Bukit Merah, Geylang, Pasir Ris and Tampines.
Prospective buyers have until Aug 16 to submit their application online. HDB will then conduct a computer ballot to determine applicant's queue position.
When it is their turn, HDB will inform applicants of their appointment to book their flat, subject to availability and ethnic quota.
If you miss the application period, you can still submit your application online from 8am on Aug 17. However, those who have applied during the application period will have their appointments first.
Are you eligible?
You qualify to buy a 4-room and bigger HDB flat if your household's gross monthly income is $8,000 or less. Other conditions that may affect your eligibility include citizenship, family nucleus and ownership of private property.
First-timers can also apply for the Additional CPF Housing Grant (AHG) of up to $20,000. To qualify, you must be working continuously for the past 24 months and have an average monthly income of $3,000 or less over the same period.
For more details, please visit HDB's e-Sales website. Alternatively, you can get a copy of the sales brochures at the Sales Office at HDB Hub, Toa Payoh, where you can also see 3D models of flats.
In addition, unfurnished sample units will be open for viewing. These units are also for sale.
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