The 101 Complete HDB Housing Grant Guide to Know Right Now - for Single Proximity and Resale eligibi

If you have been following our blog, you would have absorbed a whole lot of property and interior design information - ranging from budgeting, designer selection, to colour selection – which could have been overwhelming. Indeed, as with most colossal firsts, we humans have the tendency to over complicate, over calculate, over plan, and over scrutinize, taking away much of the inherent joys and thrill of that unprecedented venture. Furthermore, most of the exhilaration should have been blinded by the stress of taking on the biggest debt of our lives since (read: mortgage loan). It is almost apt that this article is all about the available “gahmen” discounts, giving us a chance to collect our breaths. Today, we will be providing bite-sized, easy to understand information regarding the housing grants that will ease our financial burden.

A. BTO/RESALE FLATS Enhanced CPF Housing Grant (EHG) Previously known as the Additional CPF Housing Grant (AHG) and Special CPF Housing Grant (SHG), HDB has revised the grant structure since 11 September 2019, coining it the EHG. Eligibility: - Average income ceiling: $9,000 ($4,500 for single applicants or citizens married to foreigners) - First-time buyer - At least one applicant must have been continuously working for 12 months and must still be employed at the time of application - Single applicants must be aged 35 and above - Resale flats must have sufficient lease to cover the youngest buyer and spouse to 95 years old (pro-rated disbursement will be