Changes to disbursement of housing grants, income assessment period for HDB buyers from Tuesday

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Changes to disbursement of housing grants, income assessment period for HDB buyers from Tuesday
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SINGAPORE – From Tuesday, housing grants will no longer be disbursed only to flat applicants who are Singaporean citizens, but instead shared among applicants and occupiers in the household, regardless of whether they are Singaporeans or permanent residents (PRs). Read more at straitstimes.com.

SINGAPORE – From Tuesday, housing grants will no longer be disbursed only to flat applicants who are Singaporean citizens, but instead shared among applicants and occupiers in the household, regardless of whether they are Singaporeans or permanent residents .

Through the new letter, HDB will retrieve the flat buyer’s personal particulars from the MyInfo data service to assess one’s eligibility assessment, giving applicants greater convenience while reducing the need to submit several documents. The new system of disbursing housing grants is a “fairer approach”, said HDB, adding that core occupiers who are citizens or PRs would be treated as second-timers after enjoying a housing grant, similar to Singaporean core applicants, who are the only ones viewed as such in the current system.

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