Tuesday, 25 August 2015

Proximity Housing Grant - HDB

Announced by PM during the National Day Rally 2015, the Proximity Housing Grant (PHG) further helps extended families to buy a resale flat to live together or close to their families for mutual care and support. Singles can also enjoy the PHG when they buy a resale flat with their parents.



Eligibility Conditions

Criteria
Details
CitizenshipYou are a Singapore Citizen. Your family nucleus must comprise at least another Singapore Permanent Resident or a Singapore Citizen.

At least one of your parents or married child must be a Singapore Permanent Resident or a Singapore Citizen. 
AgeYou must be aged 21 years or above.
Family NucleusYou are applying with your:
  • spouse and children (if any), or
  • fiancé/fiancée (must be able to produce your marriage certificate, latest by the date of completion of the flat purchase), or
  • children under your legal custody, care and control (if widowed or divorced)
Household Status
  • You have not taken the PHG previously

ProximityFamily
  • Your parents/ married child are:
    - living with you in the resale flat
    - owner-occupants of property in the same town or within 2km
Single
  • Your parents/ married child are:
    - living with you in the resale flat
Remaining Lease of Flat 
(applicable to resale applications received on or after 1 July 2013)		30 years or more

Visit the Centralised Map Services to find out flat lease details.

Type of Grant and Grant Amount

Type of Grant
Amount
Family
$20,000
Singles buying resale flat with parents
$10,000

Effective Date

Resale applications received from 24 August 2015 onwards
Last Updated on 24 Aug 2015


Source: HDB