Tag Archives: HDB loan

Single mother “played” by HDB on housing loan and grant

By Terry Xu Xiao Li is a single mother with a 14-year old and a 9-year old daughters. Her younger daughter is a special needs child with autism. Her family has been living in a rented house for the past two years after being forced to sell her private property because of the en-bloc scheme. Xiao Li was not able to …

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Senior to lose deposit on studio apartment as HDB loan not eligible

By Terry Xu A Singaporean senior citizen, not aware that studio apartment is not eligible for loan from the Housing Development Board (HDB) lands himself in a situation where he is to lose his deposit and his would-be home for his new family. In December 2011, Ben, in his fifties, applied for a Studio Apartment (SA) for $170,000 from the …

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