{"id":113576,"date":"2020-01-13T10:51:07","date_gmt":"2020-01-13T03:51:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/760000-cpf-members-to-get-home-protection-scheme-rebates\/"},"modified":"2020-01-13T11:03:38","modified_gmt":"2020-01-13T04:03:38","slug":"760000-cpf-members-to-get-home-protection-scheme-rebates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/760000-cpf-members-to-get-home-protection-scheme-rebates\/","title":{"rendered":"760,000 CPF members to get Home Protection Scheme rebates"},"content":{"rendered":"


\nThose eligible for HPS rebates will receive at least $500 and will be notified via email, SMS or letter.\u00a0\u00a0
\nAround 760,000 Central Provident Fund (CPF) members are set to receive premium rebates from the Home Protection Scheme this month.
\nIn fact, rebates worth $640 million will be given out to eligible members as HPS posted better than expected investment returns as well as lower than projected claims.
\nThe rebate exercise will see about half of those eligible for the rebates to receive at least $500, which will be credited in their CPF Ordinary Account, reported The Straits Times citing the CPF Board.
\nEligible members will be notified of the rebate amount via email, SMS or letter from mid-January. Members can also view the amount in the CPF website, under their transaction history statement.
\nThe last HPS rebate exercise was conducted in November 2015.
\nThe scheme is compulsory for members who are using their CPF savings in order to pay for their Housing Board flats\u2019 monthly housing loan instalments.
\nHPS pays the monthly instalments on an HDB flat in the case of permanent incapacity or death of the insured member before the housing loan is fully paid \u2013 effectively protecting CPF members and their families from losing their HDB flat
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\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
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…760,000 CPF members to get Home Protection Scheme rebates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Those eligible for HPS rebates will receive at least $500 and will be notified via...<\/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-113576","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-txS","jetpack-related-posts":[{"id":92604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lower-hdb-insurance-premiums-by-july\/","url_meta":{"origin":113576,"position":0},"title":"Lower HDB insurance premiums by July","date":"June 27, 2018","format":false,"excerpt":"\r Singaporeans who use their CPF savings to repay their mortgage loans from HDB will soon enjoy savings when paying their insurance premiums under the Home Protection Scheme.\u00a0 The Central Provident Fund (CPF) board announced on Tuesday (26 June) that Singaporeans who use their CPF savings to repay their mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111289,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/930000-hdb-households-to-receive-u-save-rebates\/","url_meta":{"origin":113576,"position":1},"title":"930,000 HDB households to receive U-Save rebates","date":"October 3, 2019","format":false,"excerpt":"\r Eligible households will receive up to $100 in U-Save rebate this month, depending on the type of their HDB flat. About 930,000 Singaporean households living in Housing and Development Board (HDB) flats will receive GST Voucher \u2013 Utilities-Save (U-Save) rebates this month, revealed the Ministry of Finance on Wednesday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/930000-hdb-households-to-receive-gst-vouchers-in-jan\/","url_meta":{"origin":113576,"position":2},"title":"930,000 HDB households to receive GST vouchers in Jan","date":"January 3, 2020","format":false,"excerpt":"\r U-Save rebates are disbursed every three months to help households offset part of their utilities and lower their overall expenses. About 930,000 Singaporean households living in HDB flats will receive their GST Voucher \u2013 U-Save rebates this month, announced the Ministry of Finance (MOF) on Thursday (2 January). A\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-and-eligible\/","url_meta":{"origin":113576,"position":3},"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. 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Depending on their HDB\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/01\/Utilities-rebate-for-Jan-2017-1024x447.jpg?fit=1024%2C447&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113576"}],"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=113576"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113576\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}