Personal Finance
New Housing Grants 2019 – Up to $160,000 Grants for Resale HDB At All Locations
By SG Young Investment  •  September 15, 2019
HDB just announced a few days ago they will introduce the new Enhanced CPF Housing Grant (EHG) which will replace the additional housing grant (AHG) and special housing grant (SHG). The income ceiling has also increased from $12,000 to $14,000 for new and resale HDB purchases and $14,000 to $16,000 for EC purchases. Many more people will benefit in this latest roll out. Let me illustrate a few key points which will be more applicable to most of us. More Grants for purchase of HDB flats in Mature Estates Under the previous AHG and SHG scheme, only couples who has combined income of $5000 or less will get AHG. SHG is not applicable for flats in mature estates where couples with combined income of up to $8500 could get some grants. Good news for those who are looking to get a BTO or resale flat in mature estates now. The EHG now...
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By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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