Eligibility of Buyers Below Age 35 for Subsidy and HDB Loan for BTO and Resale Flats

17 Mr Leong Mun Wai asked the Minister for National Development for buyers of BTO and resale flats who are below the age of 35 and earning an income at the bottom quintile and the median for their age group respectively, what is the (i) average subsidy they will receive, (ii) maximum HDB loan quantum eligible to them, (iii) average remaining amount of cash payment required and (iv) average monthly HDB loan repayment amounts by way of cash and CPF respectively.

Mr Desmond Lee: The (a) average amount of grants received, (b) maximum HDB loan quantum eligible, (c) median remaining amount of cash payment required and (d) median monthly HDB loan repayment amounts by cash and CPF, for buyers of Build-To-Order (BTO) and resale flats who are below the age of 35 and earning an income at the bottom quintile and the median are tabulated in Table 1 below.