Enhanced CPF Housing Grant: A Comprehensive Guide for Homebuyers

The Enhanced CPF Housing Grant (EHG) is a government grant that provides financial assistance to first-time homebuyers and eligible resale flat buyers in Singapore. This grant helps to reduce the financial burden of purchasing a home, making it more accessible and affordable for many Singaporeans.

Eligibility Criteria

To be eligible for the EHG, you must meet the following criteria:

• First-time homebuyer: You must not have owned or disposed of any residential property in Singapore or overseas before.
• Resale flat buyer: You must not have owned or disposed of any HDB flat or private residential property in Singapore or overseas before.
• Household income: Your combined household income must not exceed S$9,000 per month.
• Property type: The property you are purchasing must be an HDB flat or a private residential unit.

Grant Amount

The EHG amount you receive depends on the type of property you are purchasing and your household income. The grant amounts are as follows:

How to Apply

To apply for the EHG, you can follow these steps:

1. Check your eligibility: Use the HDB's Eligibility Calculator to determine if you meet the eligibility criteria.
2. Gather the required documents: You will need to provide documents such as your NRIC, CPF statements, and proof of income.
3. Submit your application: You can apply for the EHG online through the HDB's website or at an HDB branch.

Benefits of the EHG

The EHG provides several benefits to homebuyers, including:

• Reduced financial burden: The EHG helps to reduce the amount of money you need to pay for your home, making it more affordable.
• Increased affordability: The EHG can make it possible for you to purchase a home that you would not otherwise be able to afford.
• More options: The EHG can provide you with more options when it comes to choosing a home, as you can now afford to purchase a wider range of properties.

Enhanced CPF Housing Grant (EHG) for 4-Room and 5-Room Flats

The EHG was enhanced in 2023 to provide additional support for first-time homebuyers purchasing 4-room and 5-room flats. The enhanced EHG amounts are as follows:

CPF Housing Grant Top-Up

In addition to the EHG, you may also be eligible for a CPF Housing Grant top-up if you meet certain criteria. The CPF Housing Grant top-up amounts are as follows:

Conclusion

The Enhanced CPF Housing Grant is a valuable financial assistance scheme that can help make homeownership more accessible and affordable for Singaporeans. If you are a first-time homebuyer or an eligible resale flat buyer, you should consider applying for the EHG to reduce the financial burden of purchasing a home.

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