Proof of Income for Arc at Tampines or any other upcoming ECs:
Employed Person
Assessment is based on average monthly gross income of Latest 3 months Payslips (excluding income earned from overtime work) which includes allowances (fixed/variable) received on a regular basis (e.g. transport, food, laundry, uniform, etc).
Commission-Based Persons
Assessment is based on the average monthly gross income of Latest 12 months Payslips
Unemployed Persons*
Proof of unemployment
CPF Housing Grant
Employed Person
Assessment is based on average monthly gross income of Latest 3 months Payslips (excluding income earned from overtime work) which includes allowances (fixed/variable) received on a regular basis (e.g. transport, food, laundry, uniform, etc).
- Bonuses will not form part of the assessment and will be excluded
Commission-Based Persons
Assessment is based on the average monthly gross income of Latest 12 months Payslips
- Bonuses will not form part of the assessment and will be excluded
Unemployed Persons*
Proof of unemployment
- Statutory Declaration* to declare the employment status
- If the applicants and occupiers are unemployed for fewer than 3 months, the average income will be computed based on the number of actual months he/she has worked.
Self-employed Persons*
Assessment is based on the average monthly gross income of the Latest Notice of Assessment for the Year
Assessment is based on the average monthly gross income of the Latest Notice of Assessment for the Year
- Bonuses will not form part of the assessment and will be excluded
- Statutory Declaration* to declare the self-employment status
- Valid Accounting & Corporate Regulatory Authority (ACRA) Computer Information (Business Profile)/Valid license of business/trade.
*Statutory Declaration may be executed at the Sales Office at HDB Hub or any HDB Branch Offices.
Monthly Household Income | SC/SC Household | SC/SPR Household | Half-Housing Grant |
Not more than $10,000 | $30,000 | $20,000 | $15,000 |
More than $10,001 to $11,000 | $20,000 | $10,000 | $10,000 |
More than $11,001 to $12,000 | $10,000 | - | $5,000 |
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