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Would-be flat owners can apply for a House and Development Board (HDB) concessionary loan if the applicant(s) or the essential occupants (if any):
Have a minimum of one Singapore citizen as buyer;
Have an average gross monthly household income of maximum:
S$ 10,000 for families (Not applicable for parc central residences ec an HDB concessionary interest rate loan taken to purchase a DBSS flat. Households with a monthly income of S$ 8,000-10,000 are not eligible for HDB loans taken to buy DBSS flats. In the event that the applicants/occupants have been unemployed for less than three months, the average income will be calculated by taking into account the number of actual months they have worked);
S$ 15,000 for extended families (In the event that the applicants/occupants have been unemployed for less than three months, the average income will be calculated by taking into account the number of actual months they have worked);