You are here

New grant, second HDB loan, two-room flexi flats possible for Fresh Start Housing Scheme

Tuesday, December 15, 2015 - 12:02

7867.jpg
A new scheme to help public rental households own their own home again could allow these second-timers to receive another Housing Board (HDB) concessionary loan.

[SINGAPORE] A new scheme to help public rental households own their own home again could allow these second-timers to receive another Housing Board (HDB) concessionary loan. It could also give them the option of buying two-room flexi flats on shorter leases, which is now possible only for elderly buyers.

And while this Fresh Start Housing Scheme will include a new grant, this might be disbursed gradually over time, subject to conditions, as a way of motivating the new homeowners.

Read the full story here.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom