#1 – Good news for middle-income families buying their first home – NDR Housing Announcements.

#1 – Good news for middle-income families buying their first home

The Special CPF Housing Grant (SHG) of $20,000 will be enhanced to benefit not only those buying 2- or 3-room flats but also those buying 4-room flats in non-mature estates. The income ceiling for the SHG will be raised from $2,250 to $6,500.

Consequently, the SHG income ceiling for singles will also be raised to $3,250. These new measures will apply from the Jul 2013 BTO exercise, as the selection exercise for these flats has yet to commence.

More information at these links: http://bit.ly/14A6nO9 and http://bit.ly/15dMSNN

To view the full infographic, click here:http://bit.ly/15sCQ8F

Source Link : Good news for middle-income families buying their first home

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