Aug 27, 2013

    Grants for singles and new BTO flats

    IN OUR report, "Hot demand for BTO flats for singles" on July 31, we stated that singles could previously buy resale flats of any size with a grant of $15,000 and that singles who marry later will now receive an additional top-up of $15,000 in grants.

    The Housing Board has clarified that the $15,000 grant is applicable to singles who buy up to a five-room resale flat under the Single Singapore Citizen Scheme.

    From July 30, singles can also buy a new two-room Build-to-Order (BTO) flat in non-mature estates. They will pay $15,000 more than married couples on the BTO price.

    Singles who marry a Singapore citizen subsequently will receive a grant of $15,000 after marriage.