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Singaporeans aged 21 and above with non-citizen spouses now eligible for housing grants

Singaporeans 21 and over who are married to a non-citizen are now eligible for additional housing grants of up to $40,000 when they buy a resale flat for the first time. The age criterion was lowered from last Saturday (Oct 26). Previously, only those at least 35 years old were eligible for the Enhanced CPF […]

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Higher income ceilings, enhanced housing grant for HDB flat buyers

The income ceilings to qualify for the purchase of new Housing Board flats will be raised and first-time flat buyers will get more generous housing grants from Wednesday (Sep 11). The household income cap will go up from S$12,000 to S$14,000 for families looking to buy a Build-To-Order (BTO) flat. This increased cap will also apply to […]

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New rules on buying properties using CPF, HDB housing loans

New rules on buying homes using CPF or HDB housing loans will be introduced. The changes, which apply to the purchase of HDB flats, private properties and executive condominiums, take effect on Friday (May 10). Under the current rules, the amount of CPF allowed to be used is dependent on the remaining lease of the […]

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New CPF rules for purchase of older flats to kick in by May

Homebuyers looking to purchase older flats from May onwards will be able to benefit from new Central Provident Fund (CPF) rules and will announce details of changes to CPF rules soon. “Actually the focus should not be on the remaining lease of the flat. What we want to ensure is that buyers purchase flats with […]

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Measures to Support Housing Needs of Singaporeans

At the Committee of Supply debate today, the Ministry for National Development announced measures to assist Singaporeans at different life stages with their housing needs, including the elderly and lower-income families. Announcing Build-To-Order Projects Six Months in Advance Reducing Balloting Time from 6 Weeks to 3 Weeks HDB will be setting up the Home ownership […]

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Shorter waiting time to book HDB flats

Home buyers can look forward to shorter waiting times to book HDB flats as the government has unveiled a new scheme to secure a flat. It allows flat buyers to book unsold units from the Re-Offer of Balance Flats (ROF) pool at any time of the year. “In other words, flat buyers can apply online […]

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Lease Buyback Scheme extended to all HDB flats

Seniors living in 5-room and larger flats will be able to sell part of their leases back to the Housing Board from Tuesday (Jan 1). All owners must reach the eligibility age, currently set at 65 years, before they can sell part of the lease back. They must have a gross monthly household income of […]

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Increase in Maximum Tenancy Period for Renting Out of HDB Flat / Bedroom(s)

With effect from 1 Jan 2019, the maximum renting out period for tenancies involving non-Malaysian non-citizen tenants will be increased to 2 years, from the current 1.5 years. The maximum renting out period for applications where all the tenants are either Singapore Citizens and/or Malaysians remains unchanged at 3 years. This revision will give flat […]

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A 99-year leasehold flat is an owned asset

A Housing Board flat sold on a 99-year lease is an asset that will appreciate as the country prospers – a fundamental tenet of Singapore’s home ownership policy, said National Development Minister Lawrence Wong on Tuesday (Aug 21). Explaining further, he set out why residential properties, public or private, are sold on 99-year leases. Since […]

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New housing policy VERS

After the announcement of the new Voluntary Early Redevelopment Scheme (VERS) for HDB homes, some questions have emerged about it, including how much home owners might receive and whether all flats will be eligible for it. Under VERS, the Government may buy back older HDB flats before their 99-year leases run out, and compensate residents […]

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Not all old HDB flats are eligible for en bloc

Do not assume that all old HDB flats will be automatically eligible for the Selective En bloc Redevelopment Scheme, or SERS, National Development Minister Lawrence Wong cautioned in a blog post on Friday (March 24). “SERS, as the name implies, is on a selective basis,” he emphasised. “For the vast majority of HDB flats, the […]

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New HDB rental rules for work permit holders

Since Jan 1, non-Malaysian work permit holders from the manufacturing sector are no longer eligible to rent a whole Housing Board flat, and can only rent rooms. Those currently renting can stay on until their existing subletting approvals expire. Since Nov 7, 2006, non-Malaysian work permit holders from the construction sector have not been able […]

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3,770 BTO flats, 5,170 balance flats in mature and non-mature estates launched for sale

SINGAPORE – A total of 8,940 new flats were launched for sale on Tuesday (May 24) by the Housing Board (HDB), including some in the sought-after mature towns of Ang Mo Kio and Bedok. The launch comprises 3,770 Build-to-Order (BTO) flats and 5,170 balance flats. Said Minister for National Development Lawrence Wong in a blog […]

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HDB tightens rules for transfer of flat ownership

Under newly tightened regulations which took effect on April 1, changes in flat ownership are allowed only on grounds of marriage, divorce, death of an owner, financial hardship, renunciation of citizenship and medical reasons, said an HDB spokesman yesterday in response to queries. This would include those who need help from family members in servicing […]

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Executive Condominium Housing Scheme to be refined

POSTED: 09 Dec 2013 20:44 The government will implement three measures for Executive Condominium (EC) developments. These are: lower cancellation fees ~ will be reduced from 20% to 5% of the purchase price, will be applied to EC land sales which are launched on or after 9 December 2013. second-timer applicants who buy EC units […]

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Budget 2013: New restrictions on renting HDB flats out to foreigners

To prevent the formation of foreign enclaves in some HDB blocks and estates, the Government will implement a quota on the number of flats which can be rented out to foreigners. This includes those here on work passes as well as permanent residents, but excludes Malaysians as they face less integration issues Published on Mar […]

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