We've just updated our Mind Maps

We've just made some amendments to "Chapter 6 - Sale of Completed Pty" and "Chapter 10 - Pty Finance & Finance Calculations".

They include:

1. With effect from 20 August 2024, 12.00am, the Loan-to-Value (LTV) limit for HDB loans will be lowered from 80% to 75%. This brings the LTV limit for HDB loans in line with loans granted by financial institutions, which remains at 75%.

2. The Enhanced CPF Housing Grant quantum will be increased to improve affordability:

By up to $40,000 for eligible first-timer families, from the current maximum grant amount of $80,000 to $120,000; and

By up to $20,000 for eligible first-timer singles, from the current maximum grant amount of $40,000 to $60,000.

Send an email to "hello@restutor.com" and we'll send you the updated Mind Map!