Written answer by Ministry of National Development on reviews for higher HDB loan quantum when income situations of BTO applicants improve

Aug 7, 2024

Question No: 6364

Question by: Mr Lim Biow Chuan

To ask 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.

Answer:

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.