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35 And Single? Here Are HDB Housing Options Available For You

Turning 35 this year and still single? Here is a HDB property guide just for you!


Prior to turning 35, most singles in Singapore would stay with their parents. It could be due to the small size of our island, which hardly ever requires anyone to move out of his or her parents’ place to be closer to work. It could be due to the high cost of private housing in Singapore.

Whatever the reasons may be, turning 35 as a single is a little more special in Singapore. The reason is simple. Turning 35 means you can finally buy your own HDB flat!

But before you pop open the champagne bottle to celebrate, it might be prudent to first get familiar with the HDB housing options available for you today.

Build-To-Order (BTO) Flats

Given a choice, we would usually prefer BTO flats. A BTO flat comes with tons of advantages compared to resale flats. Aside from the fact that they tend to be cheaper, you also get a fresh 99-year lease. Other advantages include lower renovation cost and more functional layouts compared to older flats.

But before you start looking out for upcoming BTO launches in 2017, do note this very important criteria – as a single, you are only eligible to apply for 2-room flats.

For those who do not know, 2-room flats are typically about 45 sqm (484 square feet) in size. It comes with a bedroom, a living/dining area, one bathroom and a small kitchen. In addition to its small size, singles can only apply in non-mature estate. Hence, your dream of organising those New Year’s Eve house parties while getting an awesome view of the fireworks from Marina Bay will continue remaining what it is…a dream.

That’s not all. As with all BTO flats, there is an income ceiling. For 2-room flats meant for singles, the income ceiling is $6,000.

Read Also: How 2-Room Flats Can Help Retirees With Their Retirement

Housing Grants For BTO Flats

Similar to couples, singles who apply for BTO flats are eligible for both the Additional Housing Grant (AHG) and Special CPF Housing Grant (SHG). Actual grant amount depends on your income, with a higher amount given to those with lower income.

Read Also: Complete Guide To HDB Housing Grants In Singapore


Source: HDB

Resale Flat

For those who prefer living closer to the city centre, or want to find a place that is bigger, getting a resale flat is the other viable option.

For resale flats, there are no income, size or location restrictions. That means you can purchase any type of flat, at any location in Singapore, regardless of how much you earn. In addition, unlike 2-room HDB flats, you can rent out the flat after fulfilling the 5-year minimum occupancy period (MOP).

Of course, the consideration here is that resale flats typically cost much more than BTO flats.

Housing Grants For Resale Flats

There is a $15,000 Singles Grant available for those who purchase resale flat. In addition, singles may also be eligible for the Special CPF Housing Grant (SHG) if their monthly income is $2,500 or lower.

Some Important Considerations

Buying a home is always a big decision, regardless of whether you are single or married. Here are a couple of factors that you need to consider.

# 1 Your Future Plans

Buying a resale flat is a lot more straightforward if your relationship status changes in the future. If you get married, your future spouse can move in with you. For 2-room BTO flat, this would be a lot tougher due to space constraint. If you intend to start a family, chances are you would want to upgrade in the future.

The same logic also applies if you have elderly parents who may move in with you in the future. A bigger home allows for this option.

# 2 How Much Can You Afford

As with the purchase of all properties, affordability is an area you cannot ignore. While it might be great to get a bigger resale flat at an area of your choice, you need to consider how much you can afford.

For example, a 2-room flat during the November 2016 BTO launch in Punggol costs between $80,000 – $108,000 (before grants). For some singles, that’s an amount they may already have in their CPF Ordinary Account to purchase the flat without even requiring a housing loan. In contrast, the median price of a 3-room resale flat in nearby Hougang is $295,000 as at 3Q2016. That’s about 3 times more costly.

Read Also: Why You Should Choose (Wisely) To Spend Less On Your First BTO Flat

In conclusion, there are various public housing options available for singles to consider though we do feel that BTO options are somewhat limited (for now). Singles should review these options and consider carefully which is the best possible housing option based on their requirements and affordability.

What are your thoughts of HDB housing options for singles? Discuss it in the open SG Property Discussion Facebook Group with other property enthusiasts in Singapore. aims to provide interesting, bite-sized and relevant financial articles.

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