{"id":110481,"date":"2019-09-04T09:49:10","date_gmt":"2019-09-04T02:49:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/significant-subsidies-already-in-place-for-first-timer-flat-applicants\/"},"modified":"2019-09-04T10:05:13","modified_gmt":"2019-09-04T03:05:13","slug":"significant-subsidies-already-in-place-for-first-timer-flat-applicants","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/significant-subsidies-already-in-place-for-first-timer-flat-applicants\/","title":{"rendered":"Significant subsidies already in place for first-timer flat applicants"},"content":{"rendered":"


\nThe Ministry of National Development noted that first-time homebuyers also enjoy priority when they apply for new flats near their parents. Many options are also available for first-timers who opt for resale flats close to their parents.
\nSingaporeans looking to purchase their first Housing and Development Board (HDB) flat is already provided with significant subsidies by the government.
\n\u201cThese include pricing new HDB flats at a generous discount to market, and offering additional grants to first-timers,\u201d said the Ministry of National Development (MND) in a written answer to Parliament on Tuesday (3 September).
\nThe ministry noted that first-time homebuyers also enjoy priority when they apply for new flats near their parents.
\nMany options are also available for first-timers who opt for resale flats close to their parents.
\n\u201cThey will then enjoy the relevant CPF housing grants, as well as the Proximity Housing Grant, which was recently enhanced in 2018,\u201d it said.
\n\u201cFirst-timer applicants with special needs will benefit from all of these measures.\u201d
\nThe ministry made the statement in response to a parliament question from Member of Parliament Dr Intan Azura Mokhtar, who asked about the special additional housing grants as well as special priority for adults with special needs to live close to their parents or caregivers when applying for their first flat.
\nThe ministry added that they will \u201ccontinue to review and update our housing schemes to ensure affordable and accessible housing for all Singaporeans, including those with special needs\u201d.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Significant subsidies already in place for first-timer flat applicants<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Ministry of National Development noted that first-time homebuyers also enjoy priority when they apply...<\/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-110481","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-sJX","jetpack-related-posts":[{"id":53585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-first-timers-turn-to-the-resale-market\/","url_meta":{"origin":110481,"position":0},"title":"More first-timers turn to the resale market","date":"May 3, 2017","format":false,"excerpt":"\r Larger pool of flats in desirable locations attracts more first-time buyers to turn to the resale market. Despite the top priority given to them for new flats, one in five first-time buyers of Housing Board homes preferred a resale unit over a Build-To-Order (BTO) unit last year, reported The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-bto-project-under-new-prime-housing-model-to-be-built-in-rochor\/","url_meta":{"origin":110481,"position":1},"title":"First BTO project under new prime housing model to be built in Rochor","date":"October 27, 2021","format":false,"excerpt":"\r The Rochor BTO project will have 960 units of\u00a0three-room and four-room flats, and 40 units of two-room rental flats. Source: HDB The first project under the new prime location public housing (PLH) model will be built at Rochor and launched at next month\u2019s Build-to-Order (BTO) exercise. Situated along Weld\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/rochor-bto-plh.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":104793,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-bto-projects-to-be-announced-earlier-balloting-time-shortened\/","url_meta":{"origin":110481,"position":2},"title":"New BTO projects to be announced earlier, balloting time shortened","date":"March 8, 2019","format":false,"excerpt":"\r HDB will start sharing information about upcoming BTO projects six months in advance, instead of the current three months. Those looking to buy Build-to-Order (BTO) flats will now have more time to plan ahead as the Housing and Development Board (HDB) will share information about upcoming BTO projects six\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/incomes-have-kept-pace-with-prices-of-new-hdb-units-resale-flats\/","url_meta":{"origin":110481,"position":3},"title":"Incomes have kept pace with prices of new HDB units, resale flats","date":"November 3, 2021","format":false,"excerpt":"\r HDB subsidies for new and resale flats keep public housing affordable; among resale flat buyers who have taken\u00a0up an HDB loan, the mortgage servicing ratio\u00a0has remained stable at 23%. New Housing and Development Board (HDB) units and resale flats continue to remain affordable as incomes of Singaporeans have generally\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/Colour-Scheme-HDB-e1479092279776.original.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":111439,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-need-to-make-flat-sizes-smaller-mnd\/","url_meta":{"origin":110481,"position":4},"title":"No need to make flat sizes smaller, MND","date":"October 8, 2019","format":false,"excerpt":"\r The Ministry of National Development said existing two-room Flexi Build-to-Order flats within non-mature estates are already affordable housing options for singles.\u00a0 There is no need to make flat sizes smaller as the existing two-room Flexi units offered by the government already provide affordable housing options for singles, said the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/up-to-17000-bto-flats-to-launch-next-year-lawrence-wong\/","url_meta":{"origin":110481,"position":5},"title":"Up to 17,000 BTO flats to launch next year: Lawrence Wong","date":"December 16, 2019","format":false,"excerpt":"\r This is to meet the additional demand for houses after key policy changes.\u00a0 National Development Minister Lawrence Wong revealed that HDB will be launching 16,000 to 17,000 Build-To-Order (BTO) flats next year to meet additional demand after the roll-out of key policy changes this year, reported The Straits Times.\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\/110481"}],"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=110481"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110481\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}