Enhanced CPF Housing Grant
The Enhanced CPF Housing Grant is a CPF housing subsidy from the Singapore Government that reduces the effective purchase cost of an HDB resale flat for eligible buyers. It is…
Glossary
CPF Housing Withdrawal Limit
The CPF Housing Withdrawal Limit refers to the maximum amount of money you are allowed to use from your CPF Ordinary Account to pay for a property. In an HDB…
Caveat Emptor
Caveat Emptor means “let the buyer beware.” In HDB resale, it means the buyer is responsible for checking the flat carefully before agreeing to purchase it. The seller is not…
CPF Valuation Limit
The CPF Valuation Limit is the maximum amount of CPF savings you can use to pay for a resale HDB flat, based on the value of the flat at the…
Option To Purchase (OTP)
An Option to Purchase (OTP) in HDB resale is a formal document that gives a buyer the exclusive right to buy a specific HDB flat at an agreed price within…
HDB Resale Price Index
The HDB Resale Price Index is a national measure that shows whether resale flat prices in Singapore are generally rising, falling, or staying stable over time. It reflects the overall…
HDB Flat Eligibility (HFE)
HDB Flat Eligibility, commonly known as HFE, is an official assessment by HDB that tells you whether you are allowed to buy a resale flat and what kind of financial…
Median Resale Price
Median resale price is the middle price of all HDB flats sold within a specific group, such as a town, flat type, or time period. When all transaction prices are…
Remaining Lease
Remaining lease refers to the number of years left on an HDB flat’s lease at the point you buy it. In Singapore, HDB flats are sold on a fixed term…
Minimum Occupation Period
The Minimum Occupation Period, commonly known as MOP, is the minimum amount of time you must live in your HDB flat before you are allowed to sell it on the…