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Purchasing an HDB Resale Flat II: CPF Housing Grant Schemes

married-couple

You should note that using your CPF money to purchase an HDB resale flat is subject to the CPF board’s policies. This only serves as a guide. Under this housing grant scheme, the government provides eligible buyers of resale flats with a housing subsidy.

The CPF housing grants available are the following:

  1. Family Grant – for married couples who are first time applicants for purchasing HDB resale flats
  2. High Tier Family Grant – for married couples who a are first time applicants for purchasing HDB resale flats and who are buying a resale HDB flat near their parents’ HDB flat, married child’s HDB flat or the or the owner occupied private residential property
  3. Additional CPF Housing Grant (AHG) – The applicants of the $30,000 Family Grant or the $40,000 Higher-tier Family Grant, must have worked for at least one year and have an average monthly household income of not more than $5,000 over the last one year.
  4. Singles Grant – This is for single citizens aged 35 years old and above who buy the resale HDB flat to live on their own under Single Singapore Citizen (SSC) Scheme, or 2 or 4 cluster of Single Citizens aged 35 years old and above who together buy a resale HDB flat under the Joint Singles Scheme (JSS).
  5. High Tier Singles Grant – This grant is for single citizens who are 35 years old and above who are buying a resale flat to live with their parents.
  6. Top up Grant to the Family Grant – This grant is for singles who will eventually get married. This is also applicable for singles under the Non-Citizen Spouse Scheme whose non-citizen spouse or child subsequently obtained Singapore Citizenship or permanent residence status.
  7. Half Housing Grant – This scheme is for first time citizen with spouse who had previously enjoyed a housing subsidy through any means.

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