Removing Income Eligibility Criteria for Married Couples to Purchase HDB Resale Flats near Parents

Mr Pritam Singh asked the Minister for National Development whether HDB will consider removing the income eligibility criteria for married couples who purchase a HDB resale flat close to their parents so as to allow more of such couples to qualify for the CPF Housing Grant for Families.

First-timer families buying a resale flat to live with or near their parents or married child are eligible for the Higher-Tier CPF Housing Grant for Family of $40,000. The income ceiling of $10,000 is in place to ensure that housing subsidies are given to those who need more help. A higher income ceiling of $15,000 is set for extended families who buy a flat to live together. For families whose incomes have exceeded the limit but are in need of subsidised housing, we exercise flexibility and help them on a case-by-case basis.

As income levels have risen, we are reviewing the current income ceiling. But we are mindful that we must always give priority to those who need help most.