HDB Housing Grant

Housing Grant for EC 1st Time Buyers

1st timer Executive condominium buyer are eligible to apply for HDB housing grant from HDB. The amount of grant is depend on the applicant average monthly gross income status and family nucleus. The HDB housing grant is distributed as following base on family average monthly gross income categories:

1. EC Buyer with Average Gross Monthly Household Income up to $10,000
Type of Grant Available
Amount
SC / SC Household
SC / SPR Household
CPF Housing Grant for Family

$30,000

$20,000#

Half Housing Grant

  • If you are a first-timer citizen and your spouse has previously taken a housing subsidy

$15,000

#If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family takes up Singapore Citizenship or when you have an SC child.

2. EC Buyer with Average Gross Monthly Household Income from $10,001 to $11,000

From 15 Aug 2011, first-timer households with monthly income between $10,001 and $11,000 may buy new ECs with a CPF Housing Grant of $20,000. This revision is only applicable to EC projects launched for public sale on or after 15 Aug 2011.

Type of Grant Available
Amount
SC / SC Household
SC / SPR Household
CPF Housing Grant for Family

$20,000

$10,000#

Half Housing Grant

  • If you are a first-timer citizen and your spouse has previously taken a housing subsidy

$10,000

#If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family takes up Singapore Citizenship or when you have an SC child.

3. EC Buyer with Average Gross Monthly Household Income from $11,001 to $12,000

From 15 Aug 2011, first-timer households with monthly income between $11,001 and $12,000 may buy new ECs with a CPF Housing Grant of $10,000. This revision is only applicable to EC projects launched for public sale on or after 15 Aug 2011.

Type of Grant Available
Amount
SC / SC Household
SC / SPR Household
CPF Housing Grant for Family

$10,000

$0#

Half Housing Grant

  • If you are a first-timer citizen and your spouse has previously taken a housing subsidy

$5,000

#If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family takes up Singapore Citizenship or when you have an SC child.

Read more on the Citizen Top-up

Eligibility Conditions

Criteria
Detailed Description
Citizenship You are a Singapore Citizen. Your family nucleus must comprise at least another Singapore Permanent Resident or Singapore Citizen.

Age 21 years old and above
Family Nucleus You are applying with your:

  • Spouse and children (if any), or
  • FiancĂ©/fiancĂ©e (must be able to produce your marriage certificate, latest by the date of keys collection), or
  • Children under your legal custody, care and control (if widowed or divorced)
Household status You and the essential family members listed in the application for purchase of the flat must not:

  • Be the owners of a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
  • Have sold a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
  • Have received the CPF Housing Grant for the purchase of an HDB resale flat
  • Have taken other forms of housing subsidy (for example, benefitted under the Selective En bloc Redevelopment Scheme, privatisation of HUDC estate etc)

How to Apply

You may apply for the CPF Housing Grant for Family when you book an EC with the developer.

Last Updated on 30 Apr 2015

 

 

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