TLDR: HDB schemes and subsidies - how to finance a flat
- 11 months ago
Dreaming of owning a home? As a Singapore Citizen or Permanent Resident, you can get financial support through the Housing Development Board (HDB)’s schemes and subsidies.
HDB has grants available to help you with financing your home. As a first-timer applicant, you may apply for the Enhanced CPF Housing Grant scheme, which offers up to $80,000 for families and $40,000 for singles. This grant is applicable for the purchase of new or resale HDB flats.
Under the CPF Housing Grant scheme, you may receive up to $80,000 in grants to purchase a resale flat. First-timer families buying a 2- to 4-room flat may receive up to $80,000, while first-timer singles can receive up to $40,000 for a 2- to 4-room flat.
Additionally, if your parents or child are going to live in the resale flat you intend to buy, you can enjoy up to $30,000 under the Proximity Housing Grant scheme.
HDB has grants available to help you with financing your home. As a first-timer applicant, you may apply for the Enhanced CPF Housing Grant scheme, which offers up to $80,000 for families and $40,000 for singles. This grant is applicable for the purchase of new or resale HDB flats.
Under the CPF Housing Grant scheme, you may receive up to $80,000 in grants to purchase a resale flat. First-timer families buying a 2- to 4-room flat may receive up to $80,000, while first-timer singles can receive up to $40,000 for a 2- to 4-room flat.
Additionally, if your parents or child are going to live in the resale flat you intend to buy, you can enjoy up to $30,000 under the Proximity Housing Grant scheme.