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I used to have a 3 room flat but now its sold. Its bought under the got the grant of $20,000 in the resale market which is for near to parents.

Under the new rule, if I would like to purchase a resale flat of 4 room near to my parents, will I be able to be entitled to the new grant of Proximity Housing Grant (PHG)?
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2 Answers

Ivan Ng
Replied
Hi,

Yes you will qualify for PHG, since it is available for buyers who have taken a housing subsidy before. I refer you to

https://www.hdb.gov.sg/fi10/fi10296p.nsf/PressReleases/D51979168C682B2148257EAB002450B1?OpenDocument

"3 All Singaporeans are eligible for PHG once, regardless of a) whether they had enjoyed housing subsidies before, including the Higher-Tier CPF Housing Grant, b) their household income or c) ownership of private property. The grant recipients and their parents or married child must live with or in close proximity to each other for at least 5 years."

Thanks and hope it clarifies, may I assist with your purchase further?

Warm Regards,
Ivan Ng
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Email: Ivanng10@gmail.com
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Mike Lim
Replied
Evening,

Under the new Proximity Grant, any Singaporean can utilize it once in their lifetime, regardless of income level and the type of property they are currently holding.

Do feel free to contact me should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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