{"id":103877,"date":"2019-02-11T11:05:10","date_gmt":"2019-02-11T04:05:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/20100-hdb-households-benefitted-from-proximity-housing-grant\/"},"modified":"2019-02-11T12:05:44","modified_gmt":"2019-02-11T05:05:44","slug":"20100-hdb-households-benefitted-from-proximity-housing-grant","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/20100-hdb-households-benefitted-from-proximity-housing-grant\/","title":{"rendered":"20,100 HDB households benefitted from Proximity Housing Grant"},"content":{"rendered":"


\nThis figure is almost double the 11,000 households that enjoyed the initiative from 2015 to 2017.\u00a0
\nAround 20,100 households have benefited from the Proximity Housing Grant as of end-2018 since the scheme was introduced in 2015, reported Channel NewsAsia, citing data released by the Housing Board on Friday (8 Feb).
\nThis figure is almost double the 11,000 households that enjoyed the initiative from 2015 to 2017. Overall, $377 million has been spent on the scheme, which provides generous grants to Singaporeans purchasing a home to live with or near their parents.
\nFind\u00a0HDB flats for sale\u00a0or read our\u00a0HDB guides\u00a0and\u00a0BTO guides
\nMoreover, the Proximity Housing Grant was increased in February 2018. Through this scheme, all Singaporean citizen families who purchase a resale HDB flat to reside with their parents or children will get $30,000, while those buying a similar property within 4km of their parents or children will get $20,000.
\nQualified singles with the aforementioned circumstances will get $15,000 and $10,000 respectively.
\nRegardless of household income and whether they have received housing subsidies before, all Singaporeans qualify for the grant once. However, those who own private homes are required to sell the property within six months of the resale flat purchase.
\nAs of 31 December, around 20,400 households have applied for the scheme, including 300 families that will get their grants upon completion of their resale flat purchase.
\nBut 53 percent of the 20,400 households are ineligible for other housing grants. In particular, 17 percent of the total consists of singles, while 83 percent comprise families.
\nCan you afford an HDB flat? Check your\u00a0affordability\u00a0now.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…20,100 HDB households benefitted from Proximity Housing Grant<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This figure is almost double the 11,000 households that enjoyed the initiative from 2015 to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-103877","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-r1r","jetpack-related-posts":[{"id":114325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-has-disbursed-550-million-under-proximity-housing-grant\/","url_meta":{"origin":103877,"position":0},"title":"HDB has disbursed $550 million under Proximity Housing Grant","date":"February 17, 2020","format":false,"excerpt":"\r A total of 29,600 households have benefited from the grant.\u00a0 HDB has disbursed $550 million to a total of 29,600 households under the Proximity Housing Grant (PHG) scheme, which was introduced in August 2015, reported The Straits Times. RELATED STORY:\u00a0HDB\u2019s Proximity Housing Grant (PHG): It\u2019s All About Familia Under\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-spent-211m-to-help-families-live-closer-together\/","url_meta":{"origin":103877,"position":1},"title":"Govt spent $211m to help families live closer together","date":"February 12, 2018","format":false,"excerpt":"\r The Proximity Housing Grant has helped 11,000 families buy resale HDB flats close to their parents or married children. The Housing and Development Board (HDB) revealed on Sunday (11 February) that it has given out a total $211 million worth of Proximity Housing Grants since the scheme was implemented\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37793,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-sees-very-encouraging-response-for-proximity-housing-grant\/","url_meta":{"origin":103877,"position":2},"title":"HDB sees very encouraging response for Proximity Housing Grant","date":"December 12, 2016","format":false,"excerpt":"\r The Proximity Housing Grant aims to help Singaporeans buy resale flats near or with families. The Housing and Development Board\u2019s (HDB) Proximity Housing Grant has received a very encouraging response, with 5,217 households applying for the scheme as at 31 August, involving a total grant of $100.8 million, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-households-live-in-hdb-flats-albeit-average-size-decline\/","url_meta":{"origin":103877,"position":3},"title":"More households live in HDB flats, albeit average size decline","date":"February 11, 2021","format":false,"excerpt":"\r The average household size decreased to 3.1 persons in 2018 from 3.4 in 2008.\u00a0 The number of households living in Housing and Development Board (HDB) flats continued to increase, with over one million occupied flats in 2018. However, the average household size decreased to 3.1 persons in 2018 from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/HDB-and-sunset.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120222,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/about-4600-rental-tenants-acquired-their-first-homes-with-help-of-housing-grants\/","url_meta":{"origin":103877,"position":4},"title":"About 4,600 rental tenants acquired their first homes with help of housing grants","date":"February 8, 2021","format":false,"excerpt":"\r About 4,600 rental tenants acquired their first homes with help of housing grantsIn the past five years, more than half of the 4,600 rental households purchased a three-room flat while around a quarter bought a four-room flat. The HDB support team targets to reach out to 1,000 rental households\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/older-hdb-flats-still-in-demand.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":80332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3000-public-rental-tenants-purchased-their-first-home-hdb\/","url_meta":{"origin":103877,"position":5},"title":"3,000 public rental tenants purchased their first home: HDB","date":"February 19, 2018","format":false,"excerpt":"\r Most of the tenants opted to purchase 2-room Flexi and 3-room flats. Thanks to the Housing and Development Board\u2019s (HDB) various housing grants, about 3,000 rental flat tenants were able to acquire their first home in the Build-To-Order (BTO) or Sales of Balance Flats (SBF) exercises between 2013 and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103877"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=103877"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103877\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}