Review of Eligible Monthly Household Income Ceiling for Purchase of HDB BTO Flats Given Rising Income Levels

Mr Kwek Hian Chuan Henry asked the Minister for National Development in view of rising household income levels, whether the Housing and Development Board (HDB) can increase the eligible monthly household income ceiling for the purchase of an HDB Build-To-Order flat.

The Member for Chua Chu Kang, Mr Zhulkarnain Abdul Rahim, had posed a similar question on 2 April 2024. There has been no change in the considerations since then. The Member may wish to refer to the written reply given by the Minister for National Development to the question posed by Mr Zhulkarnain Abdul Rahim on 2 April 2024. [Please refer to "Increasing Quantum and Income Ceiling of HDB's Open Market Rental Voucher Scheme for Lower-income Families and In Response to Higher Rentals", Official Report, 2 April 2024, Vol 95, Issue 133, Oral Answers to Questions section.]