The National Development Ministry has announced a slew of measures to ensure Singaporeans have a roof over their heads, especially during these difficult times. Speaking in Parliament on Friday, National Development Minister Mah Bow Tan said the key thrusts are to keep home ownership affordable, help home owners with financial difficulties, increase help for the needy and safeguard rental flats. Madam...
HDB Grants
Income ceiling for extended family scheme is too low My husband and I are buying a resale flat. We are first-time applicants and our combined monthly income is below $8,000, so we would qualify for the Housing and Development Board (HDB) concessionary loan. To encourage first-time applicants and young couples to stay with their parents, the HDB recently introduced the extended family scheme, with a new...