- First-timer couples who need a resale Housing Board flat will get more subsidies.
- The CPF Housing Grant, previously capped at $30,000, has been raised to $50,000 for couples who purchase four-room flats or smaller from the resale market, and to $40,000 for those who buy flats that are five-room or bigger..
- The change takes place “with immediate effect”.
– 20th Feb 2017
Enhanced CPF Housing Grant for Purchase of Resale HDB Flats From HDB Resale Planning:
*First-timer singles buying 2- to 5-room resale flat are eligible for the grant.
The enhanced CPF Housing Grant will apply to eligible resale flat applications received on or after 3.30 pm, 20 February 2017.