Available Grants for HDB Resale Flats

Ohmyhome Mar 07, 2017

If you’re one of the many who are looking to purchase a HDB resale flat, don’t fret – there are numerous grants that could assist you in doing so. The eligibility requirements offered are flexible, and so people from all kinds lifestyles and situations can apply.

Read on to learn more about what kinds of grants are available:

Family Grant

The family grant is for married or engaged couples who are first-time buyers of HDB Resale flats. However, what they get depends on their individual status. The conditions are as follows:

  • Couples where both are Singaporean Citizens (SC): $50,000 (2-4 rooms); $40,000 (5 room or bigger)

  • Couples where one is a Singapore Permanent Resident (SPR): $40,000 (2-4 rooms); $30,000 (5 room or bigger)

If a qualifying family member becomes a SC, then they can apply for the Citizen Top-up Grant of $10,000.

Additional CPF Housing Grant

Additional CPF Housing Grant (AHG) is made available to families who hold Singaporean Citizen status. The financing gained from this can be used to directly pay for the flat purchase and whatever remaining funds may then be used to lessen the mortgage loan.

The eligibility conditions are as follows:

  1. Must have been eligible for the Family Grant first
    The applicant, if engaged or married, must have had uninterrupted employment in the last 12 months and they must still be employed during the time of the application. Average gross monthly income 12 months before application must not have exceeded $5,000. For further details regarding CPF Housing Grants.

  2. Proximity Housing Grants (PHG)
    For those who want to live independently without having to move too far away, then the Proximity Housing Grant can help. Families or singles that live within the same neighbourhood or only 2km away from their parents are eligible for the PHG. It grants funds of $20,000 for families and $10,000 for singles to assist in purchasing a nearby resale flat.

The conditions for eligibility are as follows:

  1. You must be an SC. At least one of your parents or your married child should also be at least an SPR or also an SC.
  2. For families, the age minimum is at 21 years old. On the other hand, singles must be at least 35 years old or above if applying for either the: Single Singapore Citizen Scheme, the Joint Singles Scheme, or the Public Scheme.
  3. Those who are married and are applying under the Non-Citizen Spouse Scheme must be 21 years old or more. This is only applicable for units that are 2 rooms or bigger.
  4. Further details regarding Proximity Housing Grants.


Half Housing Grant

People who have already received a housing subsidy may reapply for another one: The Half-Housing Grant. The amount to be received will depend on the status and the gross monthly household income of all those applying.

Income Amount Singapore Citizen Household Singapore Permanent Resident Half-Housing Grant
$10,000 or lower $30,000 $20,000 $15,000
On the second $10,001 - $11,000 $20,000 $10, 000 $10,000
$11,001-$12,000 $10,000 None $5,000
$12,001-$14,000 None None None

These funds can be used to balance the down payments and the subsequent payments while also lowering the mortgage loan for the Executive Condominiums (ECs). There is a multitude of other grants available for those who do not fit the aforementioned categories. Learn more about the Schemes and Housing Grants available.
Planning to buy an HDB? Here's a 6-Step Guide to Buy Your HDB without an Agent. If you plan to sell your HDB, learn How to Sell your HDB in 3 Weeks.
Ohmyhome is here to help with our Fixed Rate Agent Services if you need more assistance in selling your HDB or purchasing an HDB Resale: You may call us at 6886 9009 to secure an appointment today.
For more information you can visit our FAQ

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