get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Browse New Launch Condos

Find new units for sale

Prefer to do-it-yourself?

Check out how our platform can help

Browse Resale Listings

Connect with sellers through our app

RESOURCES

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

Affordability Calculator

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Connect with buyers through our app

RESOURCES

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell my HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

HOME E-VALUATION

For tenants

Rent with an Agent

Dedicated experts at your service

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to selling condo/landed

For landlords

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

RESOURCES

How to Lease an HDB

A step-by-step guide to renting HDB

How to Lease a Private Property

A step-by-step guide to selling condo/landed

Do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Share on facebook
Share on twitter
Share on email
Share on whatsapp

Available Grants for HDB Resale Flats

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Updated: 06 December 2018

If you’re one of the many who are looking to purchase a HDB resale flat, don’t fret – there are numerous grants that could assist you in doing so. The eligibility requirements offered are flexible, and so people from all kinds lifestyles and situations can apply.

Here are the kinds of grants available:

Family Grant

This is an assistance for married/ engaged couples or families who are first-timer applicants buying an HDB resale flat:

Household Structure Buying 2- to 4-room Resale Flat Buying 5-room or larger resale flats
Singapore Citizen (SC)/ SC $50,000 $40,000
SC/ Singapore Permanent Resident (SPR) $40,000 $30,000

Recipient of Family Grant may also be eligible for Additional CPF Housing Grant.

If a qualifying family member becomes an SC, then they can apply for the Citizen Top-up Grant of $10,000.

Additional CPF Housing Grant

Additional CPF Housing Grant (AHG) provides assistance to lower to middle-income applicants of the Family Grant.

Eligibility for AHG

  1. Must have been eligible for the Family Grant first
    The applicant, if engaged or married, must have had uninterrupted employment in the last 12 months and they must still be employed during the time of the application.
    Average gross monthly income 12 months before application must not have exceeded $5,000. For further details regarding CPF Housing Grants.

  2. Proximity Housing Grants (PHG)

    For those who want to live independently without having to move too far away, then the Proximity Housing Grant can help. Families or singles who live within the same neighbourhood or only 4km away from their parents are eligible for the PHG.

    PHG grants funds of $30,000 for families and $15,000 for singles to assist in purchasing a nearby resale flat with their parents.

Conditions for AHG

1. Citizenship

You must be an SC. At least one of your parents or your married child should also be at least an SPR or also an SC.

2. Minimum Age

For families, the age minimum is at 21 years old.
Singles must be at least 35 years old or above if applying for either the: Single Singapore Citizen Scheme, the Joint Singles Scheme, or the Public Scheme

3. Married Ones

Those who are married and are applying under the Non-Citizen Spouse Scheme must be 21 years old or more. This is only applicable for units that are 2 rooms or bigger.

Further details regarding Proximity Housing Grants.

HDB-Singapore-Ohmyhome-Family-Grant

Half-Housing Grant

This grant providess assistance For First-timer SC applicants whose spouse/ spouse-to-be had previously received a housing subsidy.
The grant amount is half of the Family Grant that you and your spouse/ spouse-to-be would qualify for if both of you were first-timer applicants.

For example, the applicable grant is $50,000 Family Grant for SC/ SC Household, the Half-Housing Grant is $25,000.

These funds can be used to balance the down payments and the subsequent payments while also lowering the mortgage loan for the Executive Condominiums (ECs).

There is a multitude of other HDB grants available for those who do not fit the aforementioned categories. Learn more about the Schemes and Housing Grants available.

Planning to buy an HDB? Here’s a 6-Step Guide to Buy Your HDB without an Agent.
If you plan to sell your HDB, learn How to Sell your HDB in 3 Weeks.

Sources: HDB (2018)


Buying your dream home? Ohmyhome understands that buying a home is a milestone. Our mortgage specialist can assist you in exploring the best home loan across all banks’ mortgage packages suited to your needs.

Call us at 6886 9009 and get a free mortgage advisory service!


Related posts:


While the Information is considered to be true and correct at the date of publication, changes in circumstances after the time of publication may impact on the accuracy of the Information. The Information may change without notice and Ohmyhome is not in any way liable for the accuracy of any information printed and stored or in any way interpreted and used by a user.

Subscribe Now

Get a notification every time we upload a new blog post.

Featured Blogs

Highlighting unique property views for every Singaporean

get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

Do it yourself

Browse New Launch Condos

Find new units for sale

Prefer to do-it-yourself?

Check out how our platform can help

Browse Resale Properties

Download the app and speak directly to sellers

RESOURCES

Affordability Calculator

Calculate required tax for selling

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

bUY OVERSEAS

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Free Home E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

get an agent

Rent with an Agent

Dedicated experts at your service

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Browse Rental Listings

Download the app and connect with landlords

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to renting condo/landed

get an agent

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with tenants

RESOURCES

How to Lease my HDB

A step-by-step guide to renting out an HDB

How to Lease my Private Property

A step-by-step guide to renting out condo/landed

FEATURED ARTICLES

Ohmyhome Raises US$5M in Series A+ Funding

Ohmyhome, the leading Property 
One-Stop Shop Platform

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Social media

Other