WebJan 13, 2024 · You will have to pay a S$10 administrative fee each time you apply for a flat. This non-refundable fee can be paid by credit card or a QR code for mobile app … WebStep 1: Check your eligibility to apply for a BTO flat Step 2: Calculate your finances Step 3: Check upcoming BTO launches Balloting for a BTO flat Step 4: Submit application Step 5: Check outcome of ballot Step 6: Determine how to finance your BTO flat mortgage Step 7: Attend the first HDB appointment Unit selection Payment of option fee
How to Buy a BTO in 2024: A Step-by-Step Guide Ohmyhome
WebMar 2, 2024 · Step 1: Check Your Eligibility To Apply For An HDB BTO Flat. The first thing you need to do is to check your eligibility. Different BTO has different eligibility criteria , so you need to make sure that you and your co-applicant qualify for an HDB BTO flat first, before you even apply for one. If you are applying for a BTO flat with your spouse ... WebJul 26, 2024 · This option fee differs depending on the flat type: $500 for 2-room Flexi, $1,000 for 3-room and $2,000 for 4-room and larger flat types. This option fee also counts towards your downpayment for the flat. At … matthew smith wells fargo
BTO Downpayment And Option Fee Explained Simply
WebAt that time you'll only have to pay your option fee (which depends on what type of flat you choose). Then in the next 9 months they'll require you to pay your downpayment. … WebJul 6, 2024 · Upfront fee for applying for a BTO flat. S$10: Option fee: An option fee must be paid to confirm the purchase; this is part of the downpayment. S$2,000 for four-room and bigger; S$1,000 for three-room; S$500 for two-room; Downpayment: The amount payable will depend on whether you are: WebAug 11, 2024 · How much your option fee (and hence the penalty) is depends on your flat type. Flat type. Option fee. 4-room and bigger. $2,000. 3-room. ... As they’re ‘leftover’ flats from previous BTO sale exercises, these flats have either already started construction, or have been built, which means the waiting time is also shorter. ... matthews mitsubishi vestal