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

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

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

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

Fixed Fee Agent Service for Buyers from $2,888

Ready to buy your dream home?
Share on facebook
Share on twitter
Share on email
Share on whatsapp

Revised Proximity Housing Grant: Bigger Handouts and Extended Proximity

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Written by: Benjienen Toledo

Now seems to be the perfect time to transact your HDB with the simplified HDB process – One HDB Appointment, Shorter Transaction Time. The recently-enhanced CPF Housing Grant and the Additional CPF Housing Grant in which a first-timer applicant can now receive up to S$120,000 in housing grants when buying a resale flat to live with their parents; and now, the government will also simplify its criterion of determining the proximity condition of the Proximity Housing Grant (PHG). This enhancement aims to give more support to family members who want to live with or near each other.

What is Proximity Housing Grant?

PHG is defined as living in the same town, or within 2km near your parents or married child’s residence, it will be revised with immediate effect to “within 4km”, said Finance Minister Heng Swee Keat in his Budget speech on Monday (Feb 19). This enhancement gives applicants more choices when choosing a resale flat to live near their loved ones, including flats in nearby towns.


Related posts:


Who Will Benefit from the Revised PHG?

Married Child and Seniors

The revised proximity condition of 4km will also apply to the Married Child Priority Scheme and Senior Priority Scheme for new flats, with effect from HDB’s May 2018 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise.

Singles

Singles, who Mr. Heng noted are often a “key source of caregiving support within their families”, will be one group that will benefit from the enhancements. Previously, the grant was limited to singles who buy a flat to live with their parents and families who buy a flat to live with their parents or married children. Currently, eligible singles who buy a resale flat to live with their parents receive a PHG of S$10,000, this amount will be increased to S$15,000. While singles who buy a resale flat near their parents will also now receive a PHG of S$10,000.

Families

Families buying a resale flat to live with their parents or children will also benefit from an increased PHG of S$30,000, up from S$20,000 currently. Those buying a resale flat near their parents or children will continue to receive a PHG of S$20,000.

Here is the summary of the changes in the revised PHG

Particular Before After
Proximity Condition 2 km 4 km
Singles Only those who buy a flat to live with their parents
  • Those who buy a flat to live with their parents
  • Those who buy a flat to live near their parents
Singles who buy a flat to live with their parents Grant amount $10,000 Grant amount $15,000
Singles who buy a resale flat near their parents Not Eligible Grant amount $10,000
Families buying a resale flat to live with their parents or children Grant amount $20,000 Grant amount $30,000

Eligible resale flat applications received on or after 3.30pm on Feb 19 will benefit from the enhanced PHG. The PHG was introduced in 2015 to help Singaporeans buy a resale flat with or near their parents or children “for mutual care and support”. As at Dec 31, 2017, close to 11,000 households have benefitted from the PHG.

You may use HDB’s Distance Enquiry e-Service to check whether the HDB resale flat you intend to buy is within 4km of your parents’/ married child’s HDB flat or owner-occupied private residential property.

Planning to buy a resale flat? You may engage Ohmyhome Agent Services in 4 Simple Steps:

  1. Request an Appointment
  2. Meet the Agent
  3. Completion
  4. Payment

Call 6886 9009 to learn more now!

References: HDB, Channel News Asia, The Straits Times, Business Times


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.

Fixed Fee Agent Service for Buyers from $2,888

Ready to buy your dream home?

Featured Blogs

Your one-stop guide for must-know HDB tips

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

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

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

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

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

Condo Renting 101: Where to Look, Sizes and Cost

Looking for a condominium to rent ...

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