A third of new flats located in mature estates are already set aside for the Married Child Priority Scheme.
The Government sets aside a significant proportion of flats—up to one-third of new flats within mature estates—under the Married Child Priority Scheme (MCPS), said the Ministry of National Development (MND) in Parliament on Tuesday (27 July).
The ministry recognises the importance of supporting the needs of married children and parents who wish to live with or close to each other for mutual care and support.
“MCPS gives priority to families buying new HDB flats to live with or near their parents or married children. Under the MCPS, 30% of the new flat supply in the mature estates is set aside for first-timer families. For second-timer families, it is 3%,” it said.
Aside from MCPS, the Government has also put in place other schemes aimed at facilitating mutual care and support among families. These include the Multi-Generation Priority Scheme, Senior Priority Scheme and 3Gen flats.
“Within our limited flat supply, we also have to meet the housing needs of other groups of Singaporeans, including first-timer families with children via the Parenthood Priority Scheme, and families with three or more children via the Third Child Priority Scheme,” said MND.
“Therefore, we are unable to increase the proportion of flats set aside under the MCPS at this juncture.”
With this, the ministry advised flat buyers who want to live with or close to their children or parents to consider purchasing a resale flat, and avail of the Proximity Housing Grant (PHG) of up to $30,000.
The ministry made the statement in response to Member of Parliament Tin Pei Ling’s question on whether the proportion of flats under MCPS could be increased for BTO projects in mature estates.
Cheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email: email@example.com