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All Singapore Citizens and Permanent Residents (PRs) are eligible to apply for the POSB HDB Loan. To make homeownership affordable and accessible, we do not impose a cap on your monthly household income.
The maximum Loan-to-Value (LTV) limit is 75% of the purchase price or property valuation of your HDB flat, whichever is lower.
For individuals who are looking to fund their HDB property with a bank loan, the minimum downpayment is 25% of the purchase price. 5% of the minimum downpayment must be paid in cash and the balance can be paid with your CPF savings.
You can request for an In-Principle Approval (IPA) here or through the HDB Flat Portal when applying for a HDB Flat Eligibility (HFE) letter. The IPA provides an assessment of the eligible loan amount based on the affordability of the borrower(s).
Your POSB HDB Loan IPA is valid for 30 days from the approval date. As it is not a binding document, the final loan amount is subject to the property purchase price, valuation and other checks.
You can easily convert your POSB HDB Loan IPA to a Letter of Offer (LO) by sending us your Option to Purchase (OTP).
If you are purchasing a HDB BTO flat, you must have a valid LO before you sign the Agreement for Lease.
If you are purchasing a resale HDB flat, you must have a valid LO before you exercise the Option to Purchase.
Your monthly instalments will be debited from your DBS/POSB loan servicing account on each due date. If you plan to use your CPF savings to service your monthly instalments, we encourage you to speak to your lawyer to set up the arrangement.
Submit your application here – please have the required documents on hand, including digibank access, for a seamless application.
If you have additional questions on the POSB HDB Loan, fill up the form here and our friendly Home Advice Specialists will reach out to you.
From 28 Jul 2026, private property owners who purchase a non-subsidised HDB resale flat without a HDB Concessionary Loan will no longer be subject to a 15-month wait-out period. This allows eligible homeowners to move into their next home sooner and plan their housing transition with greater flexibility.
This change may benefit private property owners who are looking to right-size from a condominium or landed property to a non-subsidised HDB resale flat, reduce their housing costs, unlock home equity, or move closer to family. It may also help homeowners who previously postponed their plans because of the wait-out requirement. Additionally, Singapore Citizens aged 55 and above can now purchase a resale HDB flat of any size without having to wait.
If you're purchasing a non-subsidised HDB resale flat, a bank home loan allows you to proceed. If you intend to obtain a HDB Concessionary Loan for your flat purchase, a 30-month wait-out period applies. Many homeowners use a combination of sale proceeds, CPF savings and a bank loan to finance their next home. Click here to speak to a Home Advice Specialist to understand your financing options and loan eligibility.
Yes. The removal of the 15-month wait-out period applies only to private property owners purchasing a non-subsidised HDB resale flat without a HDB Concessionary Loan.
The existing 30-month wait-out period continues to apply if you wish to:
- Purchase a subsidised HDB flat (including a new HDB flat or a resale flat with housing grants);
- Purchase an Executive Condominium (EC) directly from a developer; or
- Take a HDB Concessionary Loan for your flat purchase.
If you're considering a resale HDB flat after selling your private property, click here to speak to our Home Advice Specialist to understand your financing options and loan eligibility.
