Reviews for Higher HDB Loan Quantum When Income Situations of BTO Applicants Improve

56 Mr Lim Biow Chuan asked the Minister for National Development whether HDB will allow applicants of BTO flats to seek a review for a higher HDB loan quantum if their income situation improves during the time after completing their application for the HDB Flat Eligibility letter and before collecting the keys to their new flats.

Mr Desmond Lee: The Member may wish to refer to the written reply given by the Minister for National Development to a similar question posed by Mr Dennis Tan Lip Fong on 3 April 2024. There has been no change to the policy since then. [Please refer to "HDB's Considerations for Housing Loan Applications and Loan Quantums", Official Report, 3 April 2024, Vol 95, Issue 134, Written Answers to Questions for Oral Answer not Answered by End of Question Time section.]