FAQ on Documents Needed to Buy a Home in Singapore

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Documents Needed to Buy a Home in Singapore

Buying a property in Singapore may it be private, public, or public-private housing is no easy-peasy. You have to consider everything under the sun, and this literally means everything! You need to find the perfect location, appoint a solicitor, stretch out your finances, settle the fees mandated by the government, and the most challenging part amongst all – prepare the required documents.

Depending on the type of property you wish to acquire, there are different set of paper works necessary before you can acquire a residential property in Singapore. Discover them all on this FAQ about the documents needed to buy a home in Singapore.

What are the general documents needed for me to acquire a home in Singapore?

The general documents needed are as follows but not limited to:

1. Authorization Form

2. E-Application Form

3. Proof of Citizenship

4. Proof of Relationship and Marital Status

5. Proof of Income

6. Forms and Undertakings

Documents for Executive Condominium

What are the necessary documents I need to submit for ECs?

Since Executive Condominiums are highly regulated by the government, you need to verify your eligibility first thus the required documents are relatively stringent. A fully signed Authorization Form and E-Application Form are usually needed together with supporting documents.

How can I prove my citizenship?

You need to submit the following proof of identity or citizenship:

> Singapore Citizen – Pink Identity Card

> Singapore Permanent Resident – Blue Identity Card

> Non-Citizens – Passport

> SAF / Civil Defence / Police Personnel – Certified True Copy of Pink/Blue Identity Card

> SPR (newly obtained citizenship) – Pink Collection Slip issued by ICA and Singapore Passport

How about the documents needed to form family nucleus?

Depending on the scheme you are applying, you need to provide proof of relationship or marital status:

> Married– Marriage Certificate

> Separated – Deed of Separation

> Widow/Widower – Death Certificate of Spouse and Marriage Certificate

> Parent-Child Relationship – Order of Court / Custody documents for Muslim, Birth Certificate and Legal Adoption Papers

> Siblings Relationship – Birth Certificate

> Orphans Scheme – Parents’ Death Certificates and Parents’ Marriage Certificate

> Divorcee – Decree Nisi/Decree Nisi Absolute or Interim Judgement/Certificate of Making Interim Judgement Final & Order of Court / Divorce Certificate for Muslim Divorce

I am an employed person, what are the required documents to prove my income?
For Employed Persons:

> Latest 3 months’ payslips; or

> Income letter from the employer certifying your salary for the month of application and the preceding 2 months

*Note that the letter from your employer must be complete with company stamp, letterhead, name, signature, and designation of certifying officer.

I am a self-employed person, what do I need to submit as a proof of income?

> Latest Notice of Assessment (NOA) from IRAS; or

> Statement of Annual Accounts certified by an Audit Firm for the past 12 months

> Valid Accounting & Corporate Regulatory Authority (ACRA) Computer Information (Business Profile) / Valid license of business or trade

> Statutory Declaration to declare the average monthly income for the past 12 months

I am a commission-based person, what are the documents I need to submit to verify my earnings?

> Latest 12 months’ commission statements/payslips; or

> 2 years Notice of Assessment (NOA)

> Income letter from the employer certifying your commissions for the last 12 months

*Bear in mind that the letter from your employer must be complete with company stamp, letterhead, name, signature, and designation of certifying officer.

How about part-time workers?

> Latest 12 months’ payslips; or

> Income letter from the employer certifying your salaries for the last 12 months

*Remember that the letter from your employer must be complete with company stamp, letterhead, name, signature, and designation of certifying officer.

I have an odd job, what do I need to submit to prove my income?

> Latest NOA from IRAS

> Previous years NOA from IRAS

I am unemployed, do I still need to submit documents?

Yes, you need to submit the following:

> Statutory Declaration to declare unemployment status; or

> Valid Student Pass

I have other source of income not stated above, are they considered in the income computation?

Yes, there are income sources or allowances considered in the computation of household income. If you receive one of the following allowances, you need to provide supporting documents.

> Pension

> Stipend

> Sustenance

> Allowances received on regular basis (ex. food, laundry, uniform, etc.)

Are there types of income or allowances NOT considered in the income computation?

Yes, examples are as follows but you need to provide enough documents to support them:

> Rental Income

> Interest from fixed deposit or savings account

> Alimony allowance

> Bonuses

> Director fee

> Scholarship overseas allowance

> Overtime work income

> National Service allowance

What are the required forms and undertakings when buying an EC?

All essential occupiers of the Executive Condo must sign all forms, letters of consent, letters of undertaking, letters of confirmation, and other documents required by the developer or HDB.

Documents for New HDB Flats and DBSS

What are the documents needed when purchasing a new HDB flat or DBSS?

When it comes to acquiring flats from HDB or DBSS, keep in mind that the required documents depend on the stage of purchase. From registration to collection of keys, there are various documents needed to buy a home in Singapore.

I want to register and select a flat, what documents do I need to bring?

You must bring the following documents of all persons listed on the application:

> Identity cards

> Passport for non-citizens

> Birth certificates of your children

> Your birth certificate and parent’s marriage certificate (for Multi-generation or Married Child Scheme)

> Marriage certificate if applicable

> Death certificate if applicable

> Student Pass or Letter from School for persons 18 years old and above

> Income documents

> Valid HDB Loan Eligibility Letter (HLE) if taking loan from HDB

I am signing the Agreement for Lease, what are the required paper works?
Bring the original copy of the following documents of all persons listed on the application:

> Identity cards

> Letter of Offer from the bank if taking loan from bank

> Latest CPF statements for current CPF Board employee

> Power of Attorney for those who can’t attend personally

> Receipt of booking fee

> Bank passbook and photocopy of the page stating your name & account number (for refund purposes)

I am ready for the Collection of Keys; do I need to bring anything?

You must bring the original copy of these documents of all persons listed on the application:

> Identity cards

> Marriage certificate (for Fiancé/Fiancée Scheme)

> Certificate of Insurance

> Latest CPF statements for current CPF Board employee

> Power of Attorney if you can’t attend personally

> Completed GIRO form

Documents for Resale Flat

What are the documents needed when buying a resale flat?

Since there are different types of housing available on this country, it is safe to say that there are various documents needed to buy a house in Singapore. If you are planning to acquire a resale flat, you need to:

> Complete the Resale Checklist and submit it to HDB before exercising the Option to Purchase (OTP)

> Bring a Valid HDB Loan Eligibility (HLE) or Letter of Offer (LO) from the bank for financing purposes

> Signed Option to Purchase document

What documents should I bring on the first appointment?

You must bring the following:

> Original and (1) photocopy of your identity card or passport

> HLE letter or LO from the bank

> Income documents

> Latest payslips

> Power of Attorney if you can’t personally attend

> Lasting Power of Attorney (LPA) if applicable

> Marriage certificate if you are married

> Child’s birth certificate if needed

> Deed of Separation, Divorce Certificate, Decree Nisi/Interim Judgement, Certificate Making Decree Absolute/Certificate Making Interim Judgement Absolute, if applicable

I am an undischarged bankrupt; what document do I need to present?

You must bring a Letter of Consent from the Official Assignee if you are purchasing:

> An HDB flat bigger than a 5-room flat or a 3Gen-flat

> Any flat with a net purchase value of more than $500,000

I inherited an interest in an HDB flat, what document will I need?

You need a Petition for Letter of Administration with the Estate Schedule.

It is my completion appointment, anything else that I need to bring?

Bring with you the Fire Insurance Certificate. For those taking loan from HDB, the fire insurance policy must be from the appointed insurer of HDB which is ETIQA.

Documents for Private Properties

What are the required documents when purchasing private properties?

If you wish to acquire a private property in Singapore, these are the documents that you need to prepare:

> Copy of NRIC or passports of all purchasers

> All your latest credit card statements

> Fully signed application form

> Declaration form of all credit facilities

> HDB Status Page indicating that you do NOT own any HDB property or HDB loan

> Latest 3 months’ payslips if needed

> Latest 2 years IRAS Tax Assessment Return for employed and self-employed buyers

> Latest 12 months’ CPF contribution for employed buyers if needed

> Monetary Authority of Singapore (MAS) declaration on credit if needed

> Signed copy of Property Loan fact sheet if applicable

*If you would be buying a private property in full cash, the required documents are lesser. Though, this still depends on the project developer.

I am attending a private property show flat, what are the documents I need to submit?

You need to prepare and submit the following to be able to registering for the balloting:

> Copy of registrant’s NRIC

> An Expression of Interest form (EOI) filled and signed

> A cheque addressed to the developer’s project account

*All submitted documents must be returned to you if you decide not to purchase any unit.

Documents for Housing Loan

What are the required documents for a housing loan?

The documents needed to buy a home in Singapore through housing loan may differ depending on the lender. But generally, these paper works are required:

> Recent 3 months computerized payslips

> Recent 2-years income tax assessment

> Option to Purchase if available

> CPF statement indicating your account balance and existing contributions

> NRIC or passport

> Legitimate valuation report of the property

> Signed Singapore housing loan application form

> Personal HDB page if available

I am planning to get a housing loan from the bank, are there additional documents?

Yes. Most banks will require your latest loan statements either from credit cards, student loan, renovation loan, etc., whichever is applicable.

I am refinancing an existing property, what are the documents I need to prepare?

On top of the first mentioned documents, you will need to submit the following:

> Latest Approved Residential Properties Scheme (RPS); or

> Approved Housing Scheme Statement

> Last six months’ home loan statement

I am a foreigner applying for a housing loan, what are the papers I need to submit?

As an expat wishing to apply for a home loan, you must prepare the following:

> Signed loan application form

> Original and photocopy of passport

> Original and photocopy of identity card

> Latest certified true copy of your income documents (payslips or income letter from employer)

> Most recent 3 months’ bank statement

> Recent 2-years income tax assessment

> Option to Purchase; or

> Sale and Purchase Agreement

Indeed, the documents needed to buy a home in Singapore clearly depends on the type of property you wish to acquire. For public housing flats and hybrids, the required paper works are to a certain degree stringent due to the eligibility conditions that you need to be approved.

In comparison to the documents needed to buy a house in Singapore, specifically private properties, you won’t need to submit much aside from the accomplished forms, citizenship proof, financial documents and mandatory property agreements.

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