{"id":4020,"date":"2019-09-12T10:00:34","date_gmt":"2019-09-12T10:00:34","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=4020"},"modified":"2021-06-04T14:38:45","modified_gmt":"2021-06-04T07:38:45","slug":"singapore-gives-leg-up-to-public-housing-seekers","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/singapore-gives-leg-up-to-public-housing-seekers\/","title":{"rendered":"Singapore gives leg up to public housing seekers"},"content":{"rendered":"<p>MND, HDB enforce changes to housing grants and elevate income ceilings for HDB and EC buyers<\/p>\n<figure id=\"attachment_4021\" aria-describedby=\"caption-attachment-4021\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-4021\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/09\/shutterstock_1127354618.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/09\/shutterstock_1127354618.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/09\/shutterstock_1127354618-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/09\/shutterstock_1127354618-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-4021\" class=\"wp-caption-text\">Singapore HDB in the evening. ChinHooi\/Shutterstock<\/figcaption><\/figure>\n<p>The Singapore government introduced Wednesday a raft of higher housing grants and income ceilings to hoist more low- and middle-income households up the housing ladder.<\/p>\n<p>Eligible seekers of subsidised homes may now take advantage of the Enhanced Housing Grant (EHG) whether they purchase a new or resale flat, according to an announcement Tuesday by the Ministry of National Development (MND) and the Housing &amp; Development Board (HDB).<\/p>\n<p>The new grant effectively replaces the Additional CPF Housing Grant (AHG) and the Special CPF Housing Grant (SHG) that were available to first-timer families.<\/p>\n<p>Under EHG, eligible first-timer families can procure up to SGD80,000 (USD58,200) for a flat purchase that can cover them and their spouses to the age of 95.<\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/hyper-connected-homes-elevate-art-of-smart-in-thailand-and-singapore\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More: Hyper-connected homes elevate art of smart in Thailand and Singapore<\/strong><\/a><\/p>\n<p>\u201cThis is to ensure that all Singaporeans will be able to live comfortably in a home that can last them for life. Eligible families who buy a flat that does not meet this condition will still benefit from the EHG, but the amount will be pro-rated based on the extent that the remaining lease can cover them to the age of 95,\u201d the HDB statement read.<\/p>\n<p>As for singles who are first-time home buyers and no younger than 35, they can also obtain an EHG of up to SGD40,000, provided they are not earning more than SGD4,500 a month.<\/p>\n<p>Eligibility rules have also been changed for citizens hoping to buy a flat from HDB; buy a resale flat on the open market with a CPF Housing Grant; or get an HDB housing loan. From 11 September, the monthly household income ceiling has been increased from SGD12,000 to SGD14,000 for eligible families\u2014SGD6,000 to SGD7,000 for eligible singles.<\/p>\n<p>Those seeking executive condominiums (EC) will now only have to meet a monthly household income ceiling of SGD16,000, up from SGD14,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MND, HDB enforce changes to housing grants and elevate income ceilings <\/p>\n","protected":false},"author":8,"featured_media":20270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[489,222,110],"class_list":["post-4020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ehg","tag-hdb","tag-singapore","news_country-singapore","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO 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