New Property For Sale
                   
      
     

Executive Condominium Documents Checklist

Proof of Identity / Citizenship

• Singapore
  • Pink Identity Card
• Singapore Permanent Resident (SPR)
  • Blue Identity Card
• Non-Citizen
  • Passport
• Employed by SAF / Civil Defence / Police Force
from your personnel depar tment
  • Certified true copy of Pink/Blue Identity Card
• SPR just obtained citizenship
  • Pink collection slip





Proof of Relationship and Marital Status under:

Public Scheme

Applicant; & spouse & children (if any); & parents (if any); & siblings (if any)

- Marriage Certificate(s)
- Birth Certificate(s)

Applicant (Divorced); & children (if any); & parents (if any)

- Decree Nisi Absolute or Final Judgement
- Divorce Certificate for Muslim Divorce
- Order of Court / Custody documents for Muslim (children under legal custody, care and control)
- Legal adoption papers
- Birth Certificate

Applicant (Widowed); & children (if any); & parents (if any)

- Marriage Certificate
- Death Certificate of spouse
- Birth Certificate

Fiance / Fiancee Scheme

Applicant and Fiance / Fiancee

- Consent to marriage of a minor if below 21 & above 18 years old

Orphan Scheme

Applicant; & unmarried siblings

- Birth Certificate
- Parents’ Death Certificate and Marriage Certificate

Joint Singles Scheme

Applicant; and other single person

- Both must be Singapore Citizen
- Both must be at least 35 years old

 

Income Guidelines

Your combined gross monthly household income must be $12,000 or below

Employed Person Assessment is based on average monthly gross income (excluding income earned from overtime work) which includes allowances (fixed/variable) received on a regular basis (e.g. transport, food, laundry, uniform, etc).
Proof of income:
A) Latest 3 months’ payslips i.e. month of application and preceding 2 months; or

B) Letter from employer (with company stamp/letterhead, name, signature and designation of certifying officer) certifying
gross salaries for the month of application and the preceding 2 months
NOTE:
Notice of Assessment (NOA) from Inland Revenue Authority of Singapore (IRAS) is not acceptable for employed persons
Bonuses will also not form part of the assessment and will be excluded.
Self-employed Assessment is based on the average monthly gross income for the past 12 months
Proof of income:
1) Latest NOA from IRAS or Statement of Annual Accounts certified by an Audit Firm; and

2) Valid Accounting & Corporate Regulatory Authority (ACRA) Computer Information (Business Profile)/Valid license of business/trade,
and
3) Statutory Declaration to declare the average monthly income for the past 12 months. Statutory Declaration can be made on or after the date of booking.

Part-time Worker Assessment is based on the average monthly gross income for the past 12 months

Documents to submit:

A) Latest 12 months’ payslips;
or
B) Letter from employer (with company stamp/letterhead, name, signature and designation of certifying officer) certifying salaries for the last 12 months
Commission-Based Persons Assessment is based on the average monthly gross income for the past 12 months

Documents to submit:

A) Latest 12 months' commission statements/payslips;
or

B) Letter from employer (with company stamp/letterhead, name, signature and designation of certifying officer) certifying salaries for the last 12 months
Odd Job Worker Assessment is based on the average monthly gross income for the past 6 months to 1 year.
Proof of income:
1) Latest NOA from IRAS and
2) Previous years NOA from IRAS
Unemployed Persons Proof of unemployment
Statutory Declaration* to declare the employment status or
Valid Student Pass
*Note:
Applicable to applicants and occupiers between 18 and 62 years old who are unemployed.
If the applicants and occupiers are unemployed for fewer than 3 months, the average income will be computed based on the number of actual months he/she has worked.
Statutory Declaration may be executed at the Sales Office at HDB Hub or any HDB Branch Offices on or after the date of booking. If you are not in Singapore, you can make the Statutory Declaration in the presence of a Commissioner for Oaths or Notary Public in the country of your stay.



Income/Allowance considered

Examples of income / allowance that are considered in the computation of household income are:

  • Pension
  • Stipend
  • Sustenance/Overseas allowance

 

Income/Allowance not considered

Examples of income / allowance that are not considered in the computation of household income are:

  • Rental income
  • Interest from fixed deposit/savings account
  • Alimony allowance (divorce cases)
  • Bonuses
  • Scholarship overseas allowance


Source : HDB InfoWEB