CPF Housing Grant For Singles – HDB for sale in Singapore
The criteria for the $15,000 CPF Housing Grant For Singles are as follows: HDB for sale in Singapore.
- Must be Singapore Citizen
- Must not be a bankrupt
- Never bought direct from HDB – first-timer
- If parent & child bought direct from HDB before, the child is still treated as first-timer. However, sale of the old flat must be completed before applying for CPF Housing Grant
- At least 35 years old for unmarried or divorced
- At least 21 years old for widowed or married under Non Citizen Spouse Scheme
- Buying as 1 single and buying 5rm or smaller, income </= $6,000 per month
- Buying as joint singles, can buy any room type, household income </= $12,000 per month,
- Have not own or sold any private residential property over last 30 months
- Single citizen CPF Housing Grant $15,000
- Joint Singles CPF Housing Grant $30,000 (max)
- Minimum Occupation Period – 5 yrs from effective date of sale
- 5 year time bar from date of possession to apply to buy direct from HDB
- Cannot buy private residential property during the Min Occupation Period of 5 yrs – up to the exercise date of Option of private property
- Can get CPF Top-up Grant when unmarried, widowed or divorced become married later
- Can get CPF Top-up Grant when spouse or child become SC or SPR under Non Citizen Spouse Scheme
- Receiving CPF Housing Grant is treated as having bought HDB direct once
Please click here to search for HDB for sale in Singapore.
