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Hi! Quick question on getting gov grants for Singapore citizens, interested in buying a resale HDB flat for the first time. I'm trying to figure out what grants I'm eligible for.

I've been working in London over the last 2 years since I graduated. Do I need to convert my income from GBP to SGD, in considering whether whether I exceed the income ceiling for the government grants?
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2 Answers

Hi,

You are purchasing with your local fiance/fiancee? Yes for overseas income, HDB will require some form of documentation proof for your monthly household income. To obtain grants, your monthly household income cannot exceed 12k/month.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Robbie Chen Chee Howe
Hi,

To be eligible for the CPF Housing Grant, your combined income should not exceed $12k per month.

The grant for a 5RM flat is now set at $40,000, and for 4RM flats and smaller, grant is at $50,000.

If your combined income is less than $5k per month, you are also eligible for the Additional Housing Grant.

There is also a Proximity Housing Grant of $20k if you purchase a resale HDB flat near/within the same estate as either of your parents.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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