HDB's Proximity Housing Grant (PHG) for resale flats: All you need to know
All hail HDB’s Proximity Housing Grant (PHG) — the government’s way of encouraging Singaporeans to stay close to their families and maintain a robust intergenerational support system!
Here’s the basics about the PHG. The PHG is a CPF housing grant of up to $30,000, and it’s for buying HDB resale flats only.
Two types of buyers can benefit: Those who want to live with their parents/children in an HDB resale flat, and those who want to buy an HDB resale flat near their parents/children.
……Property Policy HDB
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Kwok 04/03/2022
At least got some deductions for those want to stay near their parents but the flats are really high from compared few years ago, better than nothing to ease, 30k also quite big amount, ok.
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