Impact minimal as increase is small: Housing agents Starting next month, single Singaporeans aged 35 and above looking to buy Housing and Development Board (HDB) resale flats to live with their parents may apply for a higher Central Provident Fund (CPF) housing grant of $20,000. While this is up from the current $11,000 for singles who live alone, property agents TODAY spoke to said the impact would be...
Singles
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...