{"id":112308,"date":"2019-11-12T14:49:45","date_gmt":"2019-11-12T07:49:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/age-requirement-for-housing-grants-adjusted-for-singaporeans-married-to-non-citizens\/"},"modified":"2019-11-12T15:04:43","modified_gmt":"2019-11-12T08:04:43","slug":"age-requirement-for-housing-grants-adjusted-for-singaporeans-married-to-non-citizens","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/age-requirement-for-housing-grants-adjusted-for-singaporeans-married-to-non-citizens\/","title":{"rendered":"Age requirement for housing grants adjusted for Singaporeans married to non-citizens"},"content":{"rendered":"


\nThe revised Non-Citizen Spouse Scheme now allows you to have more flexibility\u00a0in affording and choosing a home.\u00a0
\nSingaporeans aged 21 and above who are married to non-citizens or non-permanent residents can now have additional housing grants of up to $40,000 when they purchase a resale flat for the first time, reported The Straits Times.
\nPreviously, only those aged 35 and above were eligible for the Enhanced CPF Housing Grant (Singles) grant when they purchased a resale flat under the Non-Citizen Spouse Scheme.
\nThe scheme, which streamlines the Special CPF Housing Grant (SHG) and Additional CPF Housing Grant (AHG), allows a citizen whose husband or wife is neither a permanent resident nor a citizen to purchase a flat.
\nSuch grant will be calculated based on 50% of the couple\u2019s monthly household income, subject to a $4,500 income ceiling.
\nThe income ceiling for the new Enhanced CPF Housing Grant (EHG) is now $9,000, compared to the SHG\u2019s and AHG\u2019s caps of $8,500 and $5,000 respectively.\u00a0
\nThis new grant also gives couples more flexibility in affording and choosing a home as it has a bigger income cap and does not have any restrictions on the flat location and size.
\nThe EHG, though, comes with a caveat that requires the lease to cover the youngest buyer and the spouse until they are 95 years old (or it will be pro-rated). This is in line with the government\u2019s bid to get people to purchase houses that can last them a lifetime.\u00a0
\nAccording to Nicholas Mak, ERA Realty head of research and consultancy, the lowering of the age criteria for married citizens with a non-citizen spouse may increase demand in the HDB resale market, although purchase prices are not expected to wildly fluctuate as a result.
\n\u201cI don\u2019t think numbers under this scheme are that huge. Neither would such couples rush out to buy a resale flat so we shouldn\u2019t see much of an effect. However, it does level the playing field and make the rules more equitable for these cross-nationality couples to be able to afford an HDB flat of their choice and start a family earlier,\u201d he said.
\nFind all resale flats for sale in Singapore, or read our HDB guides to help you with your buying journey.\u00a0
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Age requirement for housing grants adjusted for Singaporeans married to non-citizens<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The revised Non-Citizen Spouse Scheme now allows you to have more flexibility\u00a0in affording and choosing...<\/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-112308","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-tdq","jetpack-related-posts":[{"id":41829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-and-eligible\/","url_meta":{"origin":112308,"position":0},"title":"Single and eligible","date":"January 25, 2017","format":false,"excerpt":"\r Established in 1990, the Joint Singles Scheme aims to help Singaporeans aged 35 and above to jointly purchase a flat. The longstanding HDB rule that singles below the age of 35 cannot own HDB flats is well known. But if you and a friend, sibling or partner are already\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-buyers-to-enjoy-higher-income-ceilings-and-enhanced-housing-grant\/","url_meta":{"origin":112308,"position":1},"title":"Home buyers to enjoy higher income ceilings and enhanced housing grant","date":"September 11, 2019","format":false,"excerpt":"\r The income ceiling for executive condo buyers has is now raised\u00a0from $14,000 to $16,000, while Singles aged 35 and above will also enjoy a higher income cap of $7,000, up from $6,000. In a bid to provide more home buyers with affordable housing options, the government raised the income\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-offer-more-two-room-flats-in-may-and-august-sale-exercises\/","url_meta":{"origin":112308,"position":2},"title":"HDB to offer more two-room flats in May and August sale exercises","date":"February 25, 2020","format":false,"excerpt":"\r The upcoming BTO exercises in Tengah, Choa Chu Kang and Woodlands will offer more two-room flats for singles 35 years old and above.\u00a0 HDB will offer more two-room Build-To-Order (BTO) flats in Tengah, Choa Chu Kang and Woodlands as more singles acquire homes following a rule change in 2013,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-swinging-home-ownership-for-singles\/","url_meta":{"origin":112308,"position":3},"title":"Get the Guru View: Swinging home ownership for singles","date":"February 24, 2017","format":false,"excerpt":"\r For many singles, home ownership provides independence and privacy With the vast majority of housing policies focused on marriage and families, singles often feel left out. At the same time, price levels in the private market have prevented many with single incomes from entering it, or limited options towards\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/02\/Prices-and-volume-for-smaller-apartments-by-region-1024x658.jpg?fit=1024%2C658&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":114325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-has-disbursed-550-million-under-proximity-housing-grant\/","url_meta":{"origin":112308,"position":4},"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":102140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-slightly-reduces-bto-supply-for-2019\/","url_meta":{"origin":112308,"position":5},"title":"HDB slightly reduces BTO supply for 2019","date":"December 10, 2018","format":false,"excerpt":"\r The BTO flat supply next year includes some 2,000 units in the new Tengah town. Source: HDB The Housing and Development Board (HDB) announced last Friday (7 Dec) that it intends to launch around 15,000 Build-To-Order (BTO) flats for the whole of 2019, down from the 15,800 units it\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\/112308"}],"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=112308"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112308\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}