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The Complete Guide to HDB Grants for Couples

Buying a home together as a couple is an exciting milestone, and HDB grants can play a crucial role in making your dream of homeownership a reality. These grants provide financial assistance to eligible couples, helping them afford their HDB flats. In this guide, we delve into the different types of grants available, the eligibility criteria, and the grant amounts. By the end, you’ll have a comprehensive understanding of HDB grants for couples and be ready to take the next step toward purchasing your dream home.

TL;DR

GrantsBTO/ SBF/ Open Booking of Flats applicantsResale applicantsCombined monthly household incomeGrant amount
Enhanced CPF Housing GrantBoth first-timers,
First-timer + Second-timer
Both first-timers,
First-timer + Second-timer
<$9,000First-timer: max $80,000
First-timer + Second-timer: max $40,000
Step-Up CPF Housing GrantBoth second-timersBoth second-timers<$7,000$15,000
CPF Housing Grant for Resale Flats (Families)N.A.Both first-timers,
First-timer + Second-timer
<$14,000 or
<$21,000 (applying with extended family)
First-timer: max $80,000
First-timer + Second-timer: max $40,000
Proximity Housing GrantN.A.Both first-timers,
First-timer + Second-timer
NoneLive with your parents/child: $30,000
Live near your parents/child (within 4km): $20,000

Enhanced CPF Housing Grant (EHG)

CriteriaDetails
Household
  • Couples who are first-timer applicants
  • First-timer Singapore Citizen (SC) and Singapore Permanent Resident (SPR)
EmploymentYou and/or your partner must:

  • Have worked continuously for at least 12 months, 2 months before the HDB Flat Eligibility (HFE) letter application; and
  • Be working at the time of the HFE letter application
Monthly household income ceilingAverage gross monthly household income <$9,000
Remaining lease of flat
  • More than 20 years
  • Flat must have sufficient remaining lease to cover the youngest applicant to age of 95
Amount grantedFor first-timer households:

Average Monthly Household IncomeEHG Amount
Not more than $1,500$80,000
$1,501 to $2,000$75,000
$2,001 to $2,500$70,000
$2,501 to $3,000$65,000
$3,001 to $3,500$60,000
$3,501 to $4,000$55,000
$4,001 to $4,500$50,000
$4,501 to $5,000$45,000
$5,001 to $5,500$40,000
$5,501 to $6,000$35,000
$6,001 to $6,500$30,000
$6,501 to $7,000$25,000
$7,001 to $7,500$20,000
$7,501 to $8,000$15,000
$8,001 to $8,500$10,000
$8,501 to $9,000$5,000

Source: Housing & Development Board

 

For first-timer and second-timer households:

Average Monthly Household IncomeEHG (Singles) Amount
Not more than $750$40,000
$751 to $1,000$37,500
$1,001 to $1,250$35,000
$1,251 to $1,500$32,500
$1,501 to $1,750$30,000
$1,751 to $2,000$27,500
$2,001 to $2,250$25,000
$2,251 to $2,500$22,500
$2,501 to $2,750$20,000
$2,751 to $3,000$17,500
$3,001 to $3,250$15,000
$3,251 to $3,500$12,500
$3,501 to $3,750$10,000
$3,751 to $4,000$7,500
$4,001 to $4,250$5,000
$4,251 to $4,500$2,500

Source: Housing & Development Board

Usage and distribution of EHGThe EHG can be used to:

  • Offset the purchase price of the flat
  • Reduce the housing loan required for the flat purchase

All members of the household will receive equal shares of the EHG. It will be fully credited into CPF OA of SCs and SPRs. It will not be paid in cash.

Only applicants can use their share of the housing grant to pay for the flat purchase.

Source: Housing & Development Board

Step-Up CPF Housing Grant

CriteriaDetails
HouseholdMarried couples or families who have taken one housing subsidy and meet the following conditions:

 

Current Flat TypeNext Flat Purchase (in a Non-Mature Estate)
2-room flat in a non-mature estate that is:

  • Bought from HDB after October 1995
  • Bought on the open market with a CPF housing grant
3-room flat from HDB or on the open market
Public rental flatThe following flat types from HDB or on the open market:

  • 2-room flat (open market only)
  • 2-room Flexi flat
  • 3-room flat

Source: Housing & Development Board

EmploymentYou and/or your partner must:

  • Have worked continuously for at least 12 months, 2 months before the HFE letter application; and
  • Be working at the time of the HFE letter application
Monthly household income ceilingAverage gross monthly household income <$7,000
Remaining lease of flat
  • More than 20 years
  • Flat must have sufficient remaining lease to cover the youngest applicant to age of 95
Amount granted$15,000
Usage and distribution of Step-UpStep-up can be used to:

  • Offset the purchase price of the flat
  • Reduce the housing loan required for the flat purchase

All members of the household will receive equal shares of the Step-Up grant. It will be fully credited into CPF OA of SCs and SPRs. It will not be paid in cash.

Only applicants can use their share of the housing grant to pay for the flat purchase.

Source: Housing Development Board

CPF Housing Grant for Resale Flats (Families)

CriteriaDetails
Household
  • Couples who are first-timer applicants
  • First-timer Singapore Citizen and Singapore Permanent Resident
Age>21 years old
Monthly household income ceilingAverage gross monthly household income <$14,000

If you are purchasing with an extended or multi-generation family,
Average gross monthly household income <$21,000

Remaining lease of flat
  • More than 20 years
  • Flat must have sufficient remaining lease to cover the youngest applicant to age of 95
Amount grantedFirst-timer households
Buying a 2- to 4-room resale flat:
SC/ SC: $80,000
SC/ SPR: $70,000 

Buying a 5-room or bigger resale flat:
SC/ SC: $50,000
SC/ SPR: $40,000

 

First-timer and second-timer households
Buying a 2- to 4-room resale flat:
SC/ SC: $40,000

Buying a 5-room or bigger resale flat:
SC/ SC: $25,000

Usage and distribution of
Family Grant
Family Grant can be used to:

  • Offset the purchase price of the flat
  • Reduce the housing loan required for the flat purchase

All members of the household will receive equal shares of the Step-Up grant. It will be fully credited into CPF OA of SCs and SPRs. It will not be paid in cash.

Only applicants can use their share of the housing grant to pay for the flat purchase.

Source: Housing & Development Board

Proximity Housing Grant (PHG)

CriteriaDetails
HouseholdCouples who have not taken the PHG previously
Age>21 years old
Conditions for parents/child helping applicants to qualify for PHGChild must be >34 years old.

Both parents/child must be at least an SPR.

Remaining lease of flatMore than 20 years
Amount grantedLive with your parents/child: $30,000
Live within 4km of your parents/child: $20,000

Source: Housing & Development Board

Case Study: First-timer couple getting a Sale of Balance Flat

Alex and Mabel, a newlywed couple from Singapore, are embarking on their journey to purchase their first home together. They have set their sights on a 4-room Sale of Balance Flat (SBF), which comes with a price tag of $400,000. They qualify for the Staggered Downpayment Scheme and will be purchasing their flat with a HDB loan which covers up to 80% of the purchase price. They also intend to pay for their loan instalments using CPF. With an average monthly income of $3,900, they qualify for the Enhanced Housing Grant, amounting to $55,000.

Read more: The Differences Between BTO, SBF, Open-Booking, and Resale HDB

Steps for HDB purchaseFeesAmount to be paid
ApplicationApplication fee$10
Flat bookingOption fee$2,000
Signing Agreement for Lease
Downpayment$18,000
Stamp Duty$6,600
Legal Fee$273.24
Key Collection
Downpayment$60,000
Registration Fee$76.60
Survey Fee$297
Stamp Duty$500
Balance of purchase price$320,000 (covered by home loan)

The total cost of buying the 4-room SBF is $407,756.84. After the deduction of the grant, the flat will cost $352,756.84. The total cost is not inclusive of the Home Protection Scheme annual premium and fire insurance premium.

You can find out your suggested payment plan using this HDB calculator.

Are you ready to purchase your very own flat?

Housing grants in Singapore have played a crucial role in supporting couples and promoting homeownership. These grants provide significant financial assistance and make owning a home more accessible and affordable for young couples. Now that you’re familiar with the grants available, you’re ready to purchase your first flat and embark on your homeownership journey with confidence.

Read more: The Hidden Costs of Owning a Home in Singapore

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