Higher grants for first-time HDB buyers
Income ceiling for public housing also raised; policy changes aim to make public homes more affordable and accessible for Singaporeans
Singapore
THE Ministry of National Development (MND) and the Housing & Development Board (HDB) are enhancing housing grants for first-time buyers as well as raising the income ceiling for public housing with the aim of making public homes more affordable and accessible for Singaporeans.
Announcing the policy changes at the HDB Awards 2019 on Tuesday, Minister for National Development Lawrence Wong highlighted that the new grant would make HDB flats more affordable for first-time buyers.
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