Repayment of Additional Housing Grant when Couples Break Up
- David Ong asked why couples who break up before buying an HDB flat must repay the Additional Housing Grant, noting the financial burden especially for low-income applicants, and suggested a review of repayment policies.
- The Minister explained the grant is meant to assist first-timers in purchasing their first flat, so repayment is required if the purchase falls through, though individuals can reapply with a new partner later, subject to eligibility conditions.
- The Minister acknowledged financial challenges in repayment, noting industry-standard penalties for purchase cancellations and options like cash or CPF installment plans, while assuring that cases are rare and market trends are improving.
- Dr Lee Bee Wah asked whether a Singaporean must repay the full grant if their PR partner is involved in an annulled marriage, to which the Minister replied that the grant is recovered from whoever received it.