LAUNCHING JULY 2020
REGISTER FOR FIRST MOVER ADVANTAGE!

Forett at Bukit Timah

MEGA FREEHOLD LAUNCH OF 2020
LAUNCHED August 2020
TOP Est Sep 2024
Updated as at 
31 October 2020

Income Documents to Submit

Employed Person

Documents to Submit

3 months’ payslips preceding the month of application

Or

Letter from employer certifying salaries for 3 months preceding the month of application; the letter must contain the:

  • Company stamp/ letterhead
  • Certifying officer’s name, signature, and designation

 

Note: If your income includes allowances, we will require 6 months’ payslips preceding the month of application.

Notes

Assessment is based on the average gross monthly income, which:

  • Excludes bonuses and income earned from ad hoc overtime work
  • Includes allowances (fixed/ variable) received on a regular basis (e.g. allowances for food, transport, laundry, uniform, etc.)

 

  • If you are employed full-time but on no-pay leave for less than 6 months, we will consider you as employed and use your last drawn pay for assessment. If you are on no-pay leave for 6 months or more, your income will not be considered in the assessment.
  • Notice of Assessment (NOA) from the Inland Revenue Authority of Singapore (IRAS) will not be accepted

Self Employed Person

Documents to Submit

  • Latest NOA from IRAS or Statement of Annual Accounts certified by an audit firm
  • Valid Accounting and Corporate Regulatory Authority (ACRA) Computer Information (Business Profile) or valid licence of trade
  • Undertaking affirming the average gross monthly income for 6 months preceding the month of application

Notes

Assessment is based on the average gross monthly income

Part-Time Worker

Documents to Submit

6 months’ payslips preceding the month of application

Or

Letter from employer certifying salaries for 6 months preceding the month of application; the letter must contain the:

  • Company stamp/ letterhead
  • Certifying officer’s name, signature, and designation

Notes

Assessment is based on the average gross monthly income

Commission Based Person

Documents to Submit

6 months’ commission statements/payslips preceding the month of application

Or

Letter from employer certifying salaries for 6 months preceding the month of application; the letter must contain the:

  • Company stamp/ letterhead
  • Certifying officer’s name, signature, and designation

Notes

Assessment is based on the average gross monthly income

Odd-Job Worker

Documents to Submit

Latest NOA from IRAS

Or

Letter from employer certifying salaries for 6 months preceding the month of application; the letter must contain the:

  • Company stamp/ letterhead
  • Certifying officer’s name, signature, and designation

Notes

Assessment is based on the average gross monthly income

Unemployed Person

Documents to Submit

Undertaking affirming the unemployment status

Or

  • Valid Student Pass or letter from school/ college/ institute of learning to confirm student status, if currently a full-time student
  • If unemployed for less than 3 months, the following documents are required:
    • Income proof for the preceding month(s) from the previous employer stating gross monthly income and last day of service
    • Latest 15 months’ CPF contribution history

Notes

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Income/ allowance that will be considered for income assessment

  • Allowances (fixed/ variable) received on a regular basis (e.g. allowances for food, transport, laundry, uniform, etc.)
  • Sustenance allowance
  • Stipend

Income/ allowance that will not be considered for income assessment

  • Alimony allowance
  • Bonuses
  • Director’s fee
  • Income from ad hoc overtime work
  • Interest from deposit accounts
  • National Service Allowance
  • Rental income
  • Scholarship overseas allowance
  • Overseas cost of living allowance
  • Pension
Forett at Bukit Timah Official Launch
Saturday, 31 October 2020
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