A household’s eligibility for housing subsidies is assessed based on the core family nucleus, which is formed by the core member(s). Core members refer to the applicant(s) and occupier(s) who enable the household to qualify for the EC unit purchase under an eligibility scheme. All core members must remain in the EC application, and physically occupy the EC unit during the Minimum Occupation Period (MOP) after the EC unit purchase. Their names cannot be removed.
First-Timer (FT) families will be entitled to apply CPF Housing Grants under Executive Condominium (EC) purchases from developers:
Type of EC Housing Grants:
You and any co-applicants must be eligible for the grant at the point of booking the EC.
Note: Half-Housing Grant
If you are a first-timer (FT) SC and your co-applicant is a second-timer (ST) who has previously taken 1 housing subsidy, i.e. FT/ ST couple
Average Monthly Household Income | Family Grant (SC/ SC) | Family Grant (SC/ SPR) | Half-Housing Grant (SC/ SC) |
---|---|---|---|
$10,000 and Below | $30,000 | $20,000 | $15,000 |
$10,001 to $11,000 | $20,000 | $10,000 | $10,000 |
$11,001 to $12,000 | $10,000 | NIL | $5,000 |
$12,001 to $16,000 | NIL | NIL | NIL |
You will be considered a first-timer applicant if you have not received any housing subsidy from HDB, which means that you must not:
If you are from an SC/ SPR household and taken a CPF Housing Grant for Family which was $10,000 lesser than an SC/ SC household for the purchase of your Executive Condominium (EC), you can apply for the Citizen Top-Up Grant when your SPR family member takes up Singapore Citizenship or when you have an SC child.
You can apply for the CPF Housing Grant when booking your EC with the developer.
If your household is eligible for the CPF Housing Grant, first-timer SC members of the core family nucleus will receive the grant based on their eligible share. It will be credited into their CPF Ordinary Accounts.
The CPF Housing Grant received by core applicants can be used to:
CONTACTS
Your Real Estate Partner
Elson Chua
(65) 8182 1832
R014878H