Great question!
In order to answer this properly, it's best if you have an idea of what to expect at each stage of the BTO buying process, as well as the overall timeline.
In fact, CPF created this very helpful infographic which should give you a very clear understanding of what the timeline is like:
Source: CPF
Now, to answer your question regarding which stage of the BTO process do you apply for the Enhanced CPF Housing Grant (EHG).
This happens at Step 4: Book A Flat.
So what happens exactly?
Booking A Flat
Your BTO queue number will determine your priority in choosing your desired unit in the development your applied for.
For the really popular launches, the number of people in the queue will usually exceed the number of units available. So if your queue number is damn cui, chances are slim that you'll get a unit - much less be able to pick the one you want.
But let's assume that your queue number is pretty good and you're informed that you should head down to the HDB Hub to book/select your flat.
You turn up with a few options in mind and select your unit by telling the HDB staff your choice.
Once the staff locks it in, you'll have to pay an option fee on the spot. This will be $500 for 2-room flexi flats, $1,000 for 3-room flats and $2,000 for 4-room or larger.
This is also when you will apply for your eligible CPF housing grants. Simply inform the staff that you would like to check and apply for the grants and they will assist you with the process.
I'm guessing you already know this, but I'll just state it here for the benefit of readers who aren't aware: as of 11 September 2019, you won't have to contend with the Additional CPF Housing Grant (AHG) or the Special CPF Housing Grant (SHG) anymore because they've been replaced with the Enhanced CPF Housing Grant (EHG).
Eligibility For EHG
To be eligible for the Enhanced CPF Housing Grant, applicants or their spouses must have been employed continuously for at least 12 months. This is in line with other HDB schemes and grants.
More importantly, applicants must buy flats that they can call home until they reach the age of 95.
For flats which fail to meet this condition, the EHG will be pro-rated based on the extent that the remaining lease will cover them till that age.
If you'd like to find out more about the EHG and how it might potentially benefit you. Seedly has a pretty informative guide to The New Enhanced CPF Housing Grant. There're also a few scenarios illustrated which you might find relevant to your BTO journey
Good luck!
Great question!
In order to answer this properly, it's best if you have an idea of what to expect at each stage of the BTO buying process, as well as the overall timeline.
In fact, CPF created this very helpful infographic which should give you a very clear understanding of what the timeline is like:
Source: CPF
Now, to answer your question regarding which stage of the BTO process do you apply for the Enhanced CPF Housing Grant (EHG).
This happens at Step 4: Book A Flat.
So what happens exactly?
Booking A Flat
Your BTO queue number will determine your priority in choosing your desired unit in the development your applied for.
For the really popular launches, the number of people in the queue will usually exceed the number of units available. So if your queue number is damn cui, chances are slim that you'll get a unit - much less be able to pick the one you want.
But let's assume that your queue number is pretty good and you're informed that you should head down to the HDB Hub to book/select your flat.
You turn up with a few options in mind and select your unit by telling the HDB staff your choice.
Once the staff locks it in, you'll have to pay an option fee on the spot. This will be $500 for 2-room flexi flats, $1,000 for 3-room flats and $2,000 for 4-room or larger.
This is also when you will apply for your eligible CPF housing grants. Simply inform the staff that you would like to check and apply for the grants and they will assist you with the process.
I'm guessing you already know this, but I'll just state it here for the benefit of readers who aren't aware: as of 11 September 2019, you won't have to contend with the Additional CPF Housing Grant (AHG) or the Special CPF Housing Grant (SHG) anymore because they've been replaced with the Enhanced CPF Housing Grant (EHG).
Eligibility For EHG
To be eligible for the Enhanced CPF Housing Grant, applicants or their spouses must have been employed continuously for at least 12 months. This is in line with other HDB schemes and grants.
More importantly, applicants must buy flats that they can call home until they reach the age of 95.
For flats which fail to meet this condition, the EHG will be pro-rated based on the extent that the remaining lease will cover them till that age.
If you'd like to find out more about the EHG and how it might potentially benefit you. Seedly has a pretty informative guide to The New Enhanced CPF Housing Grant. There're also a few scenarios illustrated which you might find relevant to your BTO journey
Good luck!