Anyways, came home to such wonderful news. Our AHG is finally approved after 3 freaking months. We were given a $15,000 grant based on our combined income at the point of application. Okay la its not alot compared to many others who have gotten The max amount $30,000 but it is better than nothing right ? Fortunately at the point of application I was not working so the grant is higher.
And so, our next appointment will be on 05 Feb 2013, where we will be signing the lease agreement and make the downpayment. For couples who do not have enough CPF monies in their accounts will have to pay their downpayment balance in cash or so I heard, to top up cash into their CPF account. But either way, downpayment wise, you will have to pay 5% of the total purchase price if you are 30 and below and 10% if above.
