Proximity Housing Grant: Who Qualifies and What You Get
Learn how families can receive a grant of up to $30,000 when buying a resale flat near their parents' home in Singapore.
The Proximity Housing Grant is a financial scheme designed to support families who wish to live close to their parents. This grant is provided to help make purchasing a resale flat more affordable when it is located near your family members.
Who it's for
This scheme is available to families who are purchasing a resale flat. To be eligible, your chosen property must be located within a 4km radius of your parents' current home. This distance requirement is the main factor in determining if you qualify for the support.
What you get
If you qualify, you can receive a grant of up to $30,000. This financial assistance is meant to help offset the costs of buying your resale property.
What it costs you
There is no monetary cost to apply for this grant. Instead, the "cost" involves the time and effort required to gather the necessary paperwork. You will need to provide official documents that prove your relationship to your parents and confirm the residential addresses for both your new home and your parents' current home.
The catch to know
The most critical requirement to keep in mind is the location of your property. You must ensure that your new residence is within the 4km radius of your parents' home to meet the scheme's criteria. If the property is outside this distance, you will not be eligible for the grant.
How to apply
- Confirm that your new resale flat is within 4km of your parents' current residence.
- Gather the required documents proving your relationship and your residential addresses.
- Follow the application procedures through the official Housing & Development Board portal.