Cpf Singapore

cpf singapore
Cpf Singapore
In Singapore, there are several government housing grants that subsidize the purchase of a new or resale HDB (Housing Development Board) TV, including regular market subsidy and the Central Provident Fund (CPF) Housing Grant. Alongside this, there are two outstanding subsidies: housing additional grant (AHG) and special CPF Housing Grant.

SHG is a housing subsidy for the first time in 2011 and subsequently updated in 2012, designed to help the families of low-income citizens with a regular income while being able to afford their first home.

Like the ad hoc group is given subsidy beyond the regular market and the ACB, the SHG occurs beyond the AHG, but during its implementation, has been limited to 2 new pieces and 3 bedroom apartments located in plantations Immature.

However, beginning in July 2013 by the BTO (Build-to-Order) exercise, SHG extends to households with a monthly income of up to S $ 6500 and purchase of apartments 4 premium standard parts or smaller and located immature plantations directly from the Housing and Development Board (HDB).

The support group will also apply to unmarried Intent to buy flats under the BTO JSS (single common system).

Singles purchase Build-to-Order flats under the scheme (Simple Citizen Singapore) grant SSC and income levels halved.

Unlike the AHG, the PCF Special housing subsidy does not apply to the purchase of second-hand flats.

Eligibility Cpf Singapore requirements are:

Candidates must not possess or sold a flat, flat or DBSS EC (executive condominium) HDB bought directly from the developer, you should have already received the CPF grant to purchase a resale flat, and should not have received other types of housing subsidies .

In addition, candidates must be in continuous employment for 12 months before the application, including at the time of filing.

The income limit for requests received during the year BTO in February 2011 and May 2013 BTO exercise was S $ 2250.

However, as of July 2013, the income limit changed to S $ 6,500.

SHG can help reduce mortgage or principal payment for the purchase of a new dish (which can be used as a down payment).

AHG similar to the way the applicant will be given the application form SHG when booking the apartment and must be completed and submitted with the documents necessary income.
Back To Top