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MND releases details on Proximity Housing Grant and other changes

These are for new housing policies or existing ones with widened eligibility criteria

    Published Mon, Aug 24, 2015 · 09:50 PM
    Housing policy changes

    Singapore

    THE Ministry of National Development (MND) on Monday unveiled more details on the four housing measures announced by Prime Minister Lee Hsien Loong in his National Day Rally speech on Sunday.

    First, the new Proximity Housing Grant (PHG), which will help Singaporeans buy a resale flat with or near their parents or married child; this will complement the various priority schemes with the same objective, but which have so far targeted only buyers of new flats.

    Ministry of National Development

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