Earlier, singles were only allowed to buy new 2-room Flexi flats (of 99-year lease) in non-mature estates. Now, the categories of “mature” or “non-mature” HDB housing estates are being replaced with the following categories: Standard, Plus, or Prime, based on the location and features of the new flats.
Tag: HDB Flats
Singapore job-seeker aid of SGD 6,000 will be available to HDB dwellers, says manpower minister
Concerning HDB dwellers and their eligibility for this aid, the minister said, “The threshold of [annual property value of] SGD 25,000 for the [job-seeker support] scheme is aligned with other schemes such as the GST Voucher scheme. This covers about 75 per cent of residential properties, including all HDB flats.”
Singapore HDB announces measures to cool resale prices, more support for first-time home buyers
HDB said that from 20 August 2024, the Loan-to-Value (LTV) limit for HDB housing loans would be lowered from 80 per cent to 75 per cent. Also, the Enhanced CPF Housing Grant quantum would be increased.
71 offenders fined, 15 prosecuted over 5 years in Singapore crackdown on illegal short-term stays
For HDB flats, the minimum short-stay duration is 6 months, in order to prevent a high turnover of people coming and going in a neighbourhood.
Around 950,000 Singaporean HDB households set to receive U-Save and S&CC rebates in January 2024
The government has announced rebates for around 950,000 Singaporean households living in HDB flats. These concessions will come in January 2024, as per the Ministry of Finance. According to the ministry, households will receive U-Save and Service and Conservancy Charges (S&CC) rebates, which are part of the permanent GST Voucher (GSTV) scheme and the Assurance […]
