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Anonymous

04 Oct 2020

Property

What is the maximum housing grant for resale?

I’m a singapore citizen (34yo), wife is ltvp+ (33yo, currently not working) and we have a 3mth old baby (born in singapore). So what are the maximum grants we could get for resale?

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Rachelle Lye

04 Oct 2020

Digital Marketing at Fintech

Hi Anon,

Here is the response from the SeedlyTV BTO Special (45:10 to 47:12)

"I don't have a very clear answer for this, but if i were to apply what I understand is that, I think you in this case for anonymous right you'll be applying for two grants.

I think you are eligible for two grant, one it's the EHG like what I mentioned just now right, the Enhanced CPF Housing Grant but it's the singles option.

So for example if you earn like a 9k, you're in a 9k bracket right, so remember 9k both of us 9k right. They only get 5k. As a single you only get half, so that means you get 2.5k grant because you are the only one that's a Singapore citizen you have to apply under that the EHG singles.

So for your wife who's a long-time visitor's past right, technically she's a non-citizen, and there's this non-citizen spouse scheme which you can also apply for, but I cannot remember how much exactly the grant is, 20k I think.

But the issue is that your wife is currently not working, and the caveat or rather one of the eligibility criterias for that non-citizen spouse here is that both you and your spouse have to be working for the past 12 months.

I think HDB might be able to do this on a case-by-case basis, so I would recommend that you write in to HDB with your particular circumstance and then, explain to them and see what they can do for you."

Hope this helps!​​​

There are a few grants you can tap on:

  • First-time Buyer Grant: up to $50,000 for families

  • Proximity Housing Grant: up to $30,000

  • *Non-citizen spouse scheme

Do check HDB's website for more info.

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