Property
The Ultimate Guide to the CPF Housing Grant for Executive Condos
By Seedly  •  January 29, 2020
Looking to get an executive condominium for your first home? We know, it’s pretty expensive even though you’ll get to enjoy all the awesome features of a private condominium.
Source: GiphyBut wait, there’s also a Central Provident Fund (CPF) Housing Grant for you! TL;DR: The Ultimate Guide to the CPF Housing Grant for ECs That’s right, one of the advantages of getting an EC over a condominium is the CPF Housing Grant for ECs! Provided you’re eligible… Average Gross Monthly Household Income Family GrantHalf-Housing Grant Of all persons in application (i.e. applicants & occupiers)Singapore Citizen (SC/SC) HouseholdSingapore Citizen / Permanent Resident (SC/PR) HouseholdFirst-timer Singapore Citizen / Second-timer Household $10,000 or lower$30,000$20,000$15,000 $10,001 to $11,000$20,000$10,000$10,000 $11,001 to $12,000$10,000Nil$5,000 $12,001 to $14,000NilNilNil On top of the monthly household income, citizenship and housing status of you and your other applicants, there are property ownership criteria
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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