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I have heard from several friends that if I would to take up 20k Additional Housing Grant taken by HDB. When I sell the flat in future, would i have to return this 20k with interest? sorry i am choosing my flat soon, if I would need to return WITH INTEREST, i dont think i will take up the loan..... thanks=))
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1 Answer

Mike Lim
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Afternoon Peili,

All housing grants are provided to HDB buyers through CPF account. And when you sell your unit in the future, you are liable to return the CPF used, including interest, back to your CPF account. Do note that though interest is payable, but these amount have assisted many owners-to-be in getting their dream home.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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