# More Affordable and Accessible Homes for Singaporeans: Enhanced CPF Housing Grant for First-Timers and Higher Income Ceilings

- **Source:** Ministry of National Development
- **Published:** 2019-09-10T02:40:00.000Z
- **Author:** Ministry of National Development
- **Original:** https://www.mnd.gov.sg/newsroom/press-releases/view/more-affordable-and-accessible-homes-for-singaporeans-enhanced-cpf-housing-grant-for-first-timers-and-higher-income-ceilings-1
- **Topics:** HDB & Public Housing, Transactions & Deals

## Featured rationale

Broader grant eligibility and higher income ceilings could expand demand across new, resale and Executive Condominium homes, potentially requiring increased BTO supply in 2020.

## AI summary

From 11 September 2019, eligible first-timer families could receive an Enhanced CPF Housing Grant of up to $80,000, while key housing income ceilings increased.

## Original article

Minister for National Development Lawrence Wong announced various measures this evening to make public housing more affordable and accessible for Singaporeans. The measures will help more Singaporeans from lower to upper-middle income households buy their first homes and start a family. 

The Ministry of National Development (MND) and the Housing & Development Board (HDB) will enhance housing grants and raise the income ceilings for flat buyers. 

Enhanced CPF Housing Grant

To support Singaporeans in buying a flat, HDB provides various housing grants to eligible flat buyers. Currently, eligible first-timer families who buy a subsidised flat from HDB can enjoy the Additional CPF Housing Grant (AHG) and the Special CPF Housing Grant (SHG), while those buying resale flats can enjoy the CPF Housing Grant and the AHG1. 

MND and HDB will introduce a new Enhanced CPF Housing Grant (EHG) to replace the existing AHG and SHG. To benefit more first-timer home seekers, the EHG will be made available to eligible buyers2, regardless of whether they purchase a new or resale flat. There are also no restrictions on flat buyers’ choice of flat type and location3. 

Eligible first-timer families will be able to enjoy an EHG of up to $80,0004,5 when they buy a flat that can cover them and their spouses to the age of 95. This is to ensure that all Singaporeans will be able to live comfortably in a home that can last them for life. Eligible families who buy a flat that does not meet this condition will still benefit from the EHG, but the amount will be pro-rated based on the extent that the remaining lease can cover them to the age of 956. Eligible first-timer singles aged 35 and above, and earning not more than $4,500 a month, can also enjoy an EHG (singles) of up to $40,000, and are subject to the same conditions. 

As an illustration, an eligible first-timer family earning $4,800 a month buying a 4-room BTO flat in a mature estate will now enjoy an EHG of $45,000, compared to $5,000 in AHG today. If the same family bought a 4-room resale flat with a remaining lease that can cover the buyers and their spouses to the age of 95, they will now enjoy an EHG of $45,000, on top of the $50,000 in CPF Housing Grant they currently get7. See Annexes A and B for details.

Higher Income Ceilings

To provide more citizen households with access to affordable housing options, the monthly household income ceiling will be increased from $12,000 to $14,000 for eligible families to:

a) Buy a flat from HDB;

b) Buy a resale flat on the open market with a CPF Housing Grant; and

c) Get an HDB housing loan for the purchase of a new or resale flat.

The monthly household income ceiling for eligible first-timer singles aged 35 and above will also be raised from $6,000 to $7,000.

MND and HDB will also raise the monthly household income ceiling from $14,000 to $16,000 for citizen households to buy an Executive Condominium (EC) unit from property developer8. See Annexes C and D for details.

The EHG and the revised income ceilings will be implemented from 11 September 2019. To meet the anticipated additional demand for public housing arising from these changes, HDB will likely have to increase the BTO supply in 2020. More details will be released when ready.

## Chinese translation

> Translation model: grok_cli

### 为新加坡人提供更可负担、更易获取的住房：加强首次购屋者的公积金房屋津贴并提高收入顶限

国家发展部部长黄循财今晚宣布多项措施，使公共住房对新加坡人更可负担、更易获取。这些措施将帮助更多来自较低至中上收入家庭的新加坡人购置首个住家并组织家庭。

国家发展部（MND）与建屋发展局（HDB）将加强房屋津贴，并提高购屋者的收入顶限。

加强版公积金房屋津贴

为支持新加坡人购置组屋，HDB向符合资格的购屋者提供各类房屋津贴。目前，符合资格的首次购屋家庭若向HDB购买有补贴的组屋，可享有额外公积金房屋津贴（AHG）及特别公积金房屋津贴（SHG）；而购买转售组屋者则可享有公积金房屋津贴及AHG1。

MND与HDB将推出新的加强版公积金房屋津贴（EHG），以取代现有的AHG及SHG。为让更多首次寻屋者受惠，EHG将提供给符合资格的购屋者2，无论其购买的是新组屋或转售组屋。购屋者在组屋类型及地点的选择上亦无限制3。

符合资格的首次购屋家庭，在购买一套租约足以覆盖其本人及配偶至95岁的组屋时，可享有最高80,000新元的EHG4,5。此举旨在确保所有新加坡人都能舒适地住在可终身安居的家中。符合资格但所购组屋未达此条件的家庭仍可受惠于EHG，但津贴额将按剩余租约能覆盖其至95岁的程度按比例计算6。符合资格、年满35岁及以上、每月收入不超过4,500新元的首次购屋单身人士，亦可享有最高40,000新元的EHG（单身），并须符合相同条件。

举例而言，一个符合资格、月入4,800新元的首次购屋家庭，若在成熟市镇购买四房式预购组屋（BTO），现在可享有45,000新元的EHG，而目前仅可获得5,000新元的AHG。若同一家庭购买一套剩余租约足以覆盖购屋者及其配偶至95岁的四房式转售组屋，现在可享有45,000新元的EHG，另加目前可获得的50,000新元公积金房屋津贴7。详情见附件A及B。

提高收入顶限

为让更多公民家庭获得可负担的住房选择，符合资格家庭的每月家庭收入顶限将从12,000新元提高至14,000新元，以便：

a）向HDB购买组屋；

b）在公开市场购买转售组屋并申领公积金房屋津贴；以及

c）就购买新组屋或转售组屋申请HDB房屋贷款。

符合资格、年满35岁及以上的首次购屋单身人士的每月家庭收入顶限，亦将从6,000新元提高至7,000新元。

MND与HDB亦将把公民家庭向发展商购买执行共管公寓（EC）单位的每月家庭收入顶限，从14,000新元提高至16,000新元8。详情见附件C及D。

EHG及经修订的收入顶限将自2019年9月11日起实施。为应对这些调整预计带来的额外公共住房需求，HDB很可能须在2020年增加预购组屋（BTO）供应量。更多详情将于准备就绪后公布。