What happened? The Housing Development Board (HDB) has announced an enhancement to the staggered downpayment scheme. Young couples who are eligible for deferred income assessment will only need to pay a downpayment of 2.5% instead of 5% of the flat price. If you are not aware, the HDB staggered downpayment scheme halves the initial deposit […]

source: https://thefinance.sg/2024/03/06/lower-initial-downpayment-for-young-couples-buying-hdb-flats-how-will-it-affect-you/