Singles BTO and HDB resale options have expanded, thanks to the NDR 2023 announcements. What do single Singaporeans think of the HDB changes? We asked 3 of them to find out.
To keep home ownership affordable and the system fair for citizens, the Housing Development Board (HDB) will introduce, among other initiatives, a new Plus model for BTO flats at more popular locations, said Prime Minister Lee Hsien Loong. Lee made this announcement during the National Day Rally at the Institute of Technical Education (ITE) headquarters in Ang Mo Kio on.
SINGAPORE: When the Housing and Development Board's (HDB) home ownership scheme was set up back in 1964 to support the marriage and parenthood aspirations of Singaporeans, those who were unmarried were not permitted to buy a public flat. But over the decades, the rules for singles to purchase an HDB f
Buying an HDB resale flat comes with its perks - one of it being the generous HDB resale grants you can qualify for. In 2019, HDB raised the income ceiling for the CPF Family Grant from $12,000 to $14,000 and launched the new Enhanced CPF Housing Grant (EHG). This enables more resale buyers to qualify for housing grants and get.
Buying an HDB flat, be it BTO or resale, can be challenging, especially given the various criteria to meet. But all hope is not lost having an essential occupier can help you with your HDB flat purchase. But first, let us explain more about the essential occupier. According to HDB, an essential occupier (or core occupier) is a family.