Family Grant: Who Qualifies and What You Get
Learn if your family qualifies for the Family Grant and how much support you can receive when purchasing a resale HDB flat.
The Family Grant is a financial support package designed to help families offset the costs of purchasing a resale HDB flat.
Who it's for
This grant is available to families who are purchasing their first resale HDB flat.
What you get
You can receive up to $80,000 in grants, which are credited toward your CPF housing funds.
What it actually costs you
There is no direct monetary cost to apply, but you must meet all eligibility criteria. You are also required to stay in the flat for a specific Minimum Occupation Period to keep the grant.
The catch to know
The specific amount of money you receive is not fixed; it depends on the size and the type of resale flat you choose to buy.
How to apply
- Check your eligibility based on your family's status.
- Select a resale flat that meets your needs.
- Complete the application process through the relevant housing portal.
- Follow the rules regarding how long you must live in the property.