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More first-time HDB flat buyers to get higher grants; income ceiling for eligible buyers raised

More first-time HDB flat buyers to get higher grants; income ceiling for eligible buyers raised.

SINGAPORE - From Wednesday (Sept 11), more first-time buyers will get higher grants and more flexibility to choose the size of their flat and where it is located.

The income ceiling for eligible buyers has also been raised for the first time since 2015.

Announcing these changes on Tuesday, Minister for National Development Lawrence Wong said they simplify the grant structure and increase affordability for first-time buyers.

To read more : https://www.straitstimes.com/singapore/housing/more-first-time-hdb-flat-buyers-to-get-higher-grants-income-ceiling-for-eligible

Adapted from The Straits Times 10 September 2019