1. Submission of E-Application Form
All applicants are strongly advised to read through the Application Procedures, Terms & Conditions and Frequently Asked Questions & Answers booklet before you make an application for purchase of a Pasir Ris One DBSS flat. Kindly note that the Terms and Conditions will be binding on you.
To apply, please log on to our website www.pasirrisone.com and submit your completed E-Application form online. You may also visit our showflat at Pasir Ris Drive 1 to E-Apply. Our friendly personnel will be present to assist in the E-submission.
Application is to be made via online only. Hard copies will not be accepted.
Mode of sale of DBSS flats is via Computerised Balloting.
Applicants are to indicate choice of HDB Loan, Bank Loan or No Loan.
At the end of your E-Application, please print/save a copy of the "Acknowledgement Page". You are required to bring along this Acknowledgment Page for entry to the showflat to check price list at a later date.
Date of E-Application will be from 27 April 2012 – 2 May 2012.
Please note that no amendment is allowed to be made to the E-Application form after submission.
Priority Schemes:
  - Married Child Priority Scheme (MCPS) and Third Child Priority (TCPS) are available for application where applicable. If you think you fall under MCPS, you may use the "Check 2 km Distance" online tool here or check with our sales representative at our showflat.
Note: In the event that you do not qualify for MCPS after detailed screening at the point of booking, the Developer reserves the right to disqualify your queue position.
 
2. Shortlisting of Applicants
Computerised Ballot will be conducted to shortlist applicants for selection of flat. Ballot results will be released on 23 May 2012. Please note that we will not be sending you any letter of notification of your ballot result. Applicants are required to check the ballot result via the Internet at www.pasirrisone.com under "Check Results of Ballot".
 
3. Price List
Price List will be available for viewing at the showflat on 25 May 2012 onwards. Please note that access to the showflat to check detailed price list is limited to applicants who have done E-Application only. You are required to bring along a copy of "Acknowledgement Page" provided at the end of your E-Application for entry to the showflat to check detailed price list. Price list will also be available for viewing throughout the booking period.
 
4. Selection of Flat
From 27 May 2012 onwards, invited applicants are to turn up for the flat selection at the Scheduled Appointment Time punctually. We seek your understanding that your selection and booking exercise may take approximately 4 hours.
The Developer reserves the right to reject the application's queue number if he/she is late for the appointment.
The Developer reserves the right to decide on the queue priority during selection of flat.
Invited applicants are required to bring along all relevant documents (original & 1 set in duplicate) for verification and eligibility assessment for their purchases application.
Please note that the selection of flats will be subject to flat availability and HDB's Ethnic Integration Policy.
At the point of selection, the Developer has the right to reject the application if:
  i. The application is incomplete;
  ii. Applicants fail to produce relevant documentations within stipulated time frame;
  iii. Applicants are found to have made false declarations; or
  iv. Documentation shows that applicants are not eligible for the purchase.
 
5. Option Fee
Upon selection of a Pasir Ris One DBSS Flat, the applicant is required to pay a Booking Fee equivalent to 5% of the purchase price by way of Cash / Cashier's Order / Cheque in favour of "UOB LTD FOR SINGXPRESS KAYLIM PTE LTD – PROJECT A/C NO.: 4503050204" in exchange for an Option to Purchase. This amount will be used to offset against the purchase price. No change of unit will be allowed after booking is completed.
The Developer will cancel the booking if the applicant fails to pay the Booking Fee at the point of booking.
The applicant and all persons listed in the Pasir Ris One DBSS flat application form shall be required to sign all forms and any documents ("the document) as may be required by the Developer/HDB in order to determine their eligibility to purchase a DBSS Flat.
Detailed eligibility checks on the applicants and all persons listed in the application form will be conducted subsequently by the Developer. All decisions made by the Developer shall be final and conclusive.
Applicants need to appoint a solicitor to act on their behalf for the purchase of Pasir Ris One DBSS flat. Applicants who are taking HDB loan may engage private solicitors or HDB to act on their behalf.
 
6. Mortgage Loan & HDB Loan Eligibility (HLE) Letter
Applicants are advised to check on their loan eligibility before proceeding with the booking.
Applicants can obtain financing for the purchase from HDB or any other licensed financial institutions licensed by the Monetary Authority of Singapore (MAS). In the event that applicants are eligible to buy a DBSS flat, but have decided to terminate the flat purchase due to financing problem, the Developer will impose forfeiture upon cancellation in accordance with the provisions of the Option to Purchase / Sale & Purchase Agreement.
Eligibility for Mortgage Loan, regardless of loan from HDB or banks or any other licensed financial institutions does not form the eligibility criteria for the purchase of a DBSS flat and subject to eligibility conditions.
Please note that the lending limit for individuals will vary in accordance with the lending requirements of HDB or banks or any other licensed financial institutions and subject to eligibility conditions.
Applicants taking an HDB Loan are encouraged to apply for the HDB Loan Eligibility (HLE) letter early. Applicants must have a valid HDB Loan Eligibility (HLE) letter before signing the Sale & Purchase Agreement. For more information, please visit HDB InfoWEB at www.hdb.gov.sg/hle
Applicants who are not eligible for an HDB loan will have to take a mortgage loan from banks or financial institutions licensed by the Monetary Authority of Singapore (MAS).
Applicants who have taken a mortgage loan from banks or financial institutions licensed by the Monetary Authority of Singapore (MAS) must submit a copy of their Letter of Offer with acceptance to the Developer before they sign the Sale & Purchase Agreement.
 
7. Signing Sale & Purchase Agreement
Applicants who booked a flat are required to pay the next 15% of the Purchase Price within 9 weeks from the date of Option to Purchase or on signing of the Sale & Purchase Agreement, whichever is the latter.
Applicants can pay the balance down payment by CPF Housing Grant, cash, CPF Monies, and/or housing loan from HDB or banks or licensed financial institutions. Applicants/Co-applicants who are eligible for the CPF Housing Grant and who wish to request for the grant must submit the Application Form for CPF Housing Grant to the Developer at the point of booking of the Pasir Ris One DBSS flat. Any delay in submission will result in insufficient time to process the CPF Housing Grant application for the balance 15% down payment.
 
8. Progress Payment Model
Subsequent payment for Pasir Ris One DBSS flat will be made based on Progress Payment Model, as and when the Developer completes the different stages of construction.
For applicants who are servicing an existing loan for their current HDB flat, they must ensure that they are able to secure a second loan for the purchase. Due to progress payment model, applicants will have to service 2 housing loans concurrently if they are currently servicing the housing loan for their current flat.
 
9. Forfeiture
The Developer reserves the right to reject/cancel applications and bookings if the applicants are deemed ineligible or become ineligible after detailed screenings.
If the applicants decide to cancel the booking after Option to Purchase has been issued or any false declaration rendering the applicant to become ineligible after detailed eligibility screening, the Developer will forfeit 25% of the Booking Fee if the Sale & Purchase Agreement has not been signed or 20% of the Purchase Price if the Sale & Purchase Agreement has been signed.
 
10. Taking Possession
Applicants must maintain their eligibility conditions throughout their ownership period. Applicants will not be able to collect their keys if they are unable to fulfill the eligibility conditions or have become ineligible.
Applicants buying under Fiancé/Fiancée Scheme are required to produce their Marriage Certificate within 3 months from the date of taking possession of the flat.
For applicants who have received the CPF Housing Grant, they will be required to produce their Marriage Certificate for inspection by the Developer before taking possession of their flat.
If the applicant or essential occupiers listed in the application are existing owners of a HDB flat, they are required to sell/transfer ownership of the existing HDB flat within 6 months from the date of taking possession of the new DBSS flat.
  Note: Please retain a copy of the Sales Brochure with Floor Plans for selection of Units.


Notes:
Eligibility Conditions
Similar Eligibility Conditions for buying new HDB flats apply. If you are not eligible to purchase a new HDB flat under HDB Eligibility Conditions, you are not eligible to purchase the DBSS flats as well.

Basic Eligibility Conditions
a. Family Nucleus
b. At least 21 years of age
c. At least 1 Singapore Citizen and 1 Singapore Permanent Resident
d. Monthly Household Income less than or equal to S$10,000.

Please visit HDB InfoWEB at www.hdb.gov.sg for full details.

The information provided by you in the Application Form and/or any forms are deemed to be true and correct. Detailed eligibility checks on the applicant and all persons listed in the application form will be conducted subsequently. All decisions made by the Developer shall be final and conclusive.

CPF Housing Grants
Applicants may apply for the following CPF Housing Grant where applicable:
1. CPF Housing Grant for Family: $20,000/$30,000
2. CPF Housing Grant for Family (Living Near Parents / Married Child): $30,000/$40,000
3. Additional CPF Housing Grant: $5,000 - $40,000
4. CPF Housing Grant for Singles: $11,000
5. CPF Housing Grant for Singles (Living with Parents): $20,000
6. Half-Housing Grant: $15,000/$20,000
7. CPF Housing Top-Up Grant (where applicable)

Eligibility and Terms & Conditions apply to the various CPF Housing Grants. Applicants who are eligible for the CPF Housing Grant and who wish to request for the grant must submit the Application Form for the CPF Housing Grants with supporting documents to the Developer at the point of booking of the DBSS flat.