Eligibility and Application Procedures

ELIGIBILITY CHECKS

To check if you are eligible to purchase a DBSS flat, do check out here.

To apply, kindly fill up the attached DBSS E-App Form and email it to sgpropertybusiness@gmail.com. APPLICATION IS FREE!
 

APPLICATION PROCEDURES AND CANCELLATION

Q: What documents do I need to give to the developer when I book a DBSS flat?

A: You have to produce documents to the developer for verification of your eligibility when you book a DBSS flat. These documents include proof of:

(a) identity/citizenship, e.g. NRIC;

(b) relationship and marital status, e.g. birth certificate and marriage certificate;

(c) FOR FIXED SALARIED EARNERS, 3 months’ payslips (that is, payslip issued for the month of application for DBSS flat and immediately preceding 2 months) or an official letter from your employers stating your past 3 months’ gross income. FOR SELF-EMPLOYED/COMMISION BASED EARNERS, 12 months’ payslips (that is, gross monthly income for the month of application for DBSS flat and  immediately preceding 11 months) or an official letter from your employers stating your past 12 months’ gross income, Annual Income Tax Return/Assessment;

(d) CPF Contribution History Statement for the past 15 months (can be printed out from www.cpf.gov.sg using your Singpass); and

(e) other matters and such other documents as required by the developer and/or HDB.

Q: I have submitted an application to buy a direct-purchase HDB flat but have not booked a flat yet. Can I apply to buy a DBSS flat?

A: Yes, if you have not booked a flat with HDB yet, you can apply and book a DBSS flat directly with the developer. HDB will cancel your HDB flat application after you have booked a DBSS flat with the developer.

Q: I have booked a HDB flat and signed the Agreement. Can I buy a DBSS flat?

A: If you have already booked a HDB flat and signed the Agreement but are interested in applying for a DBSS flat, you have to cancel your booking or terminate the Agreement with HDB before you can book a DBSS flat. Upon the cancellation, a financial forfeiture will be imposed by HDB.

Q: I have been granted an Option to Purchase/signed the Sale and Purchase Agreement for another DBSS flat or an Executive Condominium (EC) unit. Can I buy this DBSS flat now?

A: If you have been granted an Option to Purchase for an EC Unit or a DBSS flat and have decided not to exercise it, you will have to inform the developer of your decision not to exercise that Option to Purchase before you are allowed to buy a DBSS flat. A forfeiture will be imposed by the developer. If you have already exercised the Option/signed the Sale and Purchase Agreement for the EC unit or another DBSS flat, the Sale and Purchase Agreement must be rescinded/terminated before you can apply to buy another DBSS flat. The developer must agree to the rescission/termination and if they allow it, a forfeiture may be imposed by them.

Q: What is the forfeiture if I were to give up my DBSS flat after I have paid the Booking Fee and obtained the Option To Purchase but before I execute the Sale and Purchase Agreement?

A: If you give up your DBSS flat before you execute the Sale and Purchase Agreement with the developer, the developer will impose a forfeiture of 25% of the booking fee paid (5%) as provided in the Option To Purchase.

Q: What is the consequence if my purchase of the DBSS flat is terminated after I have executed the Sale and Purchase Agreement?

A: If your Sale and Purchase Agreement with the developer is terminated in accordance with the provisions found in the Sale and Purchase Agreement (for example, because you have ceased to be eligible to continue with the purchase of the DBSS flat), the developer can impose a financial forfeiture amounting to 20% of the flat’s purchase price. Please also check with your solicitor on other expenses related to the transaction in the event of a termination. It is therefore very important for you to ensure that you remain eligible to buy the DBSS flat before you sign the Sale and Purchase Agreement. This is because you must be able to maintain this eligibility starting from the point of execution of the Sale and Purchase Agreement and also throughout the period of ownership. HDB also reserves the right to take the relevant action pursuant to the Housing and Development Act (Cap 129) and its prevailing policies.

Q: What is the financial forfeiture if I were to give up my DBSS flat due to a break-up in the fiancé/fiancée relationship after I have signed the Sale and Purchase Agreement?

A: Under the Fiancé/Fiancée Scheme, you will need to produce your marriage certificate for the developer’s verification as required under the Fiancé/Fiancée Scheme (for further details on the scheme, please refer to the DBSS Terms and Conditions). If at any point in time, there is a break-up in the Fiancé/Fiancée relationship, you will become ineligible to continue with the DBSS purchase. In this situation, the developer can terminate your Sale and Purchase Agreement and impose a forfeiture amounting to 20% of the purchase price. If you have received a CPF Housing Grant for your purchase, you and your fiancé/fiancée will be required to return the CPF Housing Grant together with accrued interest. Any shortfall has to be repaid in cash. If the full amount cannot be recovered at that juncture, the outstanding amount will be treated as a debt owed by you and your fiancé/fiancée to the Government. Both of you will also not be eligible to rent/buy or take over the ownership of another HDB flat, DBSS flat or Executive Condominium unit until you have paid up this debt in full (with interest).

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