{"id":122403,"date":"2021-10-06T02:30:36","date_gmt":"2021-10-05T19:30:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pphs-income-ceiling-allows-govt-to-prioritise-families-in-greater-need-of-temporary-housing\/"},"modified":"2021-10-06T11:02:51","modified_gmt":"2021-10-06T04:02:51","slug":"pphs-income-ceiling-allows-govt-to-prioritise-families-in-greater-need-of-temporary-housing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pphs-income-ceiling-allows-govt-to-prioritise-families-in-greater-need-of-temporary-housing\/","title":{"rendered":"PPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housing"},"content":{"rendered":"


\nPPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housingDelays in the construction of BTO flats, increased competition for open market rental, and the growing number of those who work from home have led to more demand for PPHS flats.
\nThe income ceiling of $7,000 for Housing and Development Board (HDB) flat applicants under the Parenthood Provisional Housing Scheme (PPHS) will enable the government to support families who are less able to afford to rent a flat on the open market, said the Ministry of National Development in Parliament on Monday (4 October).
\n\u201cGiven the increased demand and supply crunch, we are prioritising families in greater need of subsidised temporary housing, and have fine-tuned the eligibility conditions and allocation process,\u201d said the ministry.
\nIt was responding to Member of Parliament Murali Pillai\u2019s question based on the $7,000 income ceiling for PPHS applicants.
\nMND explained that demand for PPHS flats has increased since 2020 due to delays in the completion of Build-to-Order (BTO) flats, the growing number of people working from home, and the increased competition for open market rental.
\n\u201cAt the same time, the supply of PPHS flats has tightened as delays in BTO completion have stalled the return of PPHS flats to HDB, and the shortage of workers has slowed down sprucing-up works for the PPHS flats before they can be rented out to new tenants,\u201d it added.
\nAnd while the supply of PPHS flats will be raised from this year and in the next two years, MND noted that the number of PPHS units remains limited.
\nIt underscored that the $7,000 income ceiling is well above the PPHS applicants\u2019 median monthly household income of around $5,700.
\nIn fact, the income ceiling for three-room flats in most BTO projects within non-mature estates is also $7,000.
\nWith this, MND advised households that have a monthly income of over $7,000 but high monthly expenses, including larger households, to approach HDB should they require assistance with temporary housing.
\n\u201cTheir PPHS applications will be considered on a case-by-case basis,\u201d it said.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…PPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housingDelays in...<\/p>\n","protected":false},"author":1,"featured_media":122404,"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-122403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/HDB-EIP.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vQf","jetpack-related-posts":[{"id":121243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-sets-aside-800-more-rental-flats-under-pphs-and-introduce-new-eligibility-conditions\/","url_meta":{"origin":122403,"position":0},"title":"HDB sets aside 800 more rental flats under PPHS and introduce new eligibility conditions","date":"August 4, 2021","format":false,"excerpt":"\r HDB will finetune its eligibility conditions and allocation process for PPHS, and also introduce a new\u00a0$7,000 income ceiling for such flats.\u00a0\u00a0 The HDB on Tuesday (3 August) announced that 800 more rental flats will be set aside over the next two years for families awaiting the completion of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/HDB-flats-in-Bukit-Panjang-scaled.jpg?fit=1200%2C406&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-not-to-provide-direct-financial-subsidies-for-open-market-rental\/","url_meta":{"origin":122403,"position":1},"title":"HDB not to provide direct financial subsidies for open market rental","date":"October 6, 2021","format":false,"excerpt":"\r The decision by HDB not to provide direct financial subsidies for rental units on the open market was made to prevent driving up market rentals and inducing demand. The Housing and Development Board (HDB) has no plans to provide flat buyers with direct financial subsidies to help them rent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/rental-hdb-singapore.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-bto-projects-delayed-by-six-to-12-months-says-mnd\/","url_meta":{"origin":122403,"position":2},"title":"Most BTO projects delayed by six to 12 months, says MND","date":"July 7, 2021","format":false,"excerpt":"\r Most BTO projects delayed by six to 12 months, says MNDTo reduce the length of delays, the HDB is working with various agencies on mitigating measures such as securing \u201cexemptions to allow less noisy construction activities to be carried out on Sundays and Public Holidays where possible\u201d.\u00a0 With the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/construction-image-crane.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainstreaming-hdb-rental-may-reshape-social-norms-weaken-communities\/","url_meta":{"origin":122403,"position":3},"title":"Mainstreaming HDB rental may reshape social norms, weaken communities","date":"November 3, 2021","format":false,"excerpt":"\r Current policies are geared towards enabling home ownership;\u00a0Senior Minister of State for National Development Sim Ann said extending\u00a0public housing rentals to the\u00a0wider populace\u00a0will not be embarked on \u201cwithout deep consideration\u201d. 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