New property cooling measure to tighten HDB loan limits; larger grants for lower-income flat buyers
SINGAPORE - The maximum loan that home buyers can take from the Housing Board to purchase their flats will be tightened from Aug 20, in a move to cool the HDB resale market.
HDB will also provide more financial support for first-time flat buyers in the lower-to-middle income brackets, by increasing the Enhanced CPF Housing Grant (EHG) to up to $120,000 for families and $60,000 for singles.
Currently, the EHG gives a maximum of $80,000 in grants for families and $40,000 for singles buying their first new or resale flat.
……Read full article on The Straits Times - Singapore
Singapore Property HDB
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banban 21/08/2024
Wong emphasised the programme's commitment to accessibility, stating, "As part of this programme, we expanded our SME sustainable finance framework to include a new category of social loans. This will make financing even more accessible for women entrepreneurs.
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