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A Single’s Guide To BTOs & Grant Eligibility

27 May 2016 
SOURCE: CPF Board

 

Eligibility

You have to be 35 years old and above, with a monthly income of $6,000 or lesser, and must be a first-timer applicant, meaning that you must NOT:

  • Be the owner of a flat bought from HDB, or an Executive Condominium (EC) or Design, Build and Sell Scheme (DBSS) flat bought from a developer
  • Have sold a flat bought from HDB, or an EC/ DBSS flat bought from a developer
  • Have received any CPF Housing Grant for the purchase of an HDB resale flat
  • Have received any form of housing subsidy, e.g. benefitted under the Selective En bloc Redevelopment Scheme (SERS), HUDC estate privatisation

 

Single Singapore Citizen Scheme

If you would like to apply for a BTO alone under the Single Singapore Citizen Scheme, you can get up to $40,000 worth of grants.

 

Joint Singles Scheme

If you're applying with co-applicants, under the Joint Singles Scheme, you can get up to $80,000 worth of grants.

 

To qualify for the Additional CPF Housing Grant, your monthly income should be less or equal to $2,500. If you are applying with other Single(s), your combined monthly income must be less than or equal to $5,000.

 

To qualify for the Special CPF Housing Grant, your monthly income should be less or equal to $4,250. If you are applying with other Single(s), your combined monthly income must be less than or equal to $8,500.

 

 

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