Author: Brad Chen
•Sunday, March 08, 2009
Eligibility Conditions of CPF Housing Grant for Family

Singapore citizen households can qualify for the CPF housing grant for family if they are:

* Married couples where both are Singapore Citizens; or a Singapore Citizen who marries a Singapore Permanent Resident; or

Fiance-fiancee couples about to get married and are able to produce their marriage certificate, latest by the date of resale completion; or

Widowed or divorced persons with children under their legal custody

* 21 years old and above

* First-timer households: one where all members of the family have not enjoyed a housing subsidy before

A 1st-timer citizen (with a spouse who is a 2nd-timer, ie. has enjoyed a housing subsidy), can apply for half of the grant amount (Half-Housing Grant), if the family meets the eligibility conditions of the CPF Housing Grant Scheme for Family.

* Having a gross monthly household income of $8,000 and below. For extended families, the income ceiling is $12,000. If the average monthly household income over the last 2 years is $4,000 and below, they can apply for Additional CPF Housing Grant (AHG) as well, ie. on top of Family Grant.

* Not owning any private residential property (including HUDC flat and/or Executive Condominium), house, building or land (whether local or overseas) or have disposed of such properties within 30 months before the resale flat application.

* Not buying a 1-room flat or a resale flat (of any flat type) that has been announced for redevelopment under the Selective Enbloc Redevelopment Scheme (SERS). Pls click here for the list of SERS sites

* Not undischarged bankrupt
|
This entry was posted on Sunday, March 08, 2009 and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

0 comments: