Housing Grant

Special CPF Housing Grant for low-income families

The Singapore government has announced more help for low-income families own their first flat. From Thursday, families earning up to S$2,250 a month can now look forward to a Special CPF Housing Grants (SHG). The SHG was first announced by Finance Minister Tharman Shanmugaratnam in his Budget speech. Those with household incomes of up to S$1,500 dollars will get the maximum S$20,000 in SHG. National...

New housing grant to encourage singles to live with parents

There will be a new financial incentive to encourage singles to live with their parents. Minister-in-Charge of Ageing Issues Lim Boon Heng disclosed this in Parliament on Wednesday when he responded to concerns raised by MPs over the needs of lonely elderly. Over the last few years, the Housing and Development Board (HDB) has built studio flats for the elderly who still want to stay within the...

MP urges raising of income cap for subsidised HDB flats

It is time to raise the income ceiling for first-time buyers of subsidised public housing, says MP for Holland-Bukit Timah GRC Christopher De Souza. This, he feels, will also help ensure a more equitable distribution of the Budget surplus. Speaking during the Budget debate, Mr De Souza pointed out that it has been 14 years since the HDB last increased the monthly income ceiling for buyers of new flats,...

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