Buying a house in Singapore is a highly structured process that differs based on whether you are eyeing public housing (HDB) or private property. As of 2026, the first and most critical step for any HDB buyer is obtaining the , which consolidates your eligibility for the flat, housing grants, and HDB loans into one assessment. 1. Financial Assessment & Eligibility
: 20-25% of the property value. For HDB loans, this can be paid entirely via CPF; bank loans require at least 5% in cash. what steps are needed to buy a house
: Secure an In-Principle Approval (IPA) from a bank. This confirms the maximum loan amount you can borrow, typically based on a 75% Loan-to-Value (LTV) limit and a Total Debt Servicing Ratio (TDSR) capped at 55%. Costs to Budget : Buying a house in Singapore is a highly