They include the introduction of a new enhanced housing grant that will be made available to eligible buyers regardless of whether they purchase a new or resale flat.
Eligible first-timer families will get an EHG of up to S$80,000 when they buy an apartment that can cover them and their spouses to the age of 95, subject to conditions. Eligible first-timer singles aged 35 and above and earning not more than S$4,500 a month can also get an EHG of up to S$40,000, subject to conditions, and the monthly household income ceiling will be increased to S$14,000 from S$12,000 for eligible families to buy an HDB flat or a resale flat on the open market.
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