{"id":36758,"date":"2016-12-02T10:07:52","date_gmt":"2016-12-02T03:07:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/fresh-start-housing-scheme-open-for-application\/"},"modified":"2016-12-02T10:24:52","modified_gmt":"2016-12-02T03:24:52","slug":"fresh-start-housing-scheme-open-for-application","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fresh-start-housing-scheme-open-for-application\/","title":{"rendered":"Fresh Start Housing Scheme open for application"},"content":{"rendered":"


\nThe scheme aims to help public rental families with young children own a 2-room Flexi flat.\u00a0
\nThe Fresh Start Housing Scheme opened for applications from Thursday (1 December) to help public rental families with young children own a 2-room Flexi flat.
\nUnder the scheme, qualified families can buy a 2-room Flexi flat with shorter leases ranging from 45 to 65 years, and receive a Fresh Start Housing Grant of up to $35,000.
\nTo qualify, at least one of the applicants must be in stable employment during the last 12 months. The family must also manage their finances well, with the children \u2013 at least one of which is below 16 years of age \u2013 regularly attending school.
\n\u201cWe are starting with a more targeted approach. So the number of Fresh Start families may not be large to begin with. But we will keep the scheme open, and families who are keen but do not qualify on their first attempt can apply again when they are more ready,\u201d said National Development Minister Lawrence Wong in a blog post.
\nHe revealed that the Ministry of Social and Family Development (MSF) and the HDB will assess the readiness of families who apply, and check in with families who are on the scheme to ensure they remain on track.
\nTo support outreach efforts and provide guidance on the scheme\u2019s implementation, Wong has also appointed a Fresh Start Advisory Committee, which will be chaired by Dr Mohamad Maliki Osman, Senior Minister of State at the Ministry of Defence and the Ministry of Foreign Affairs.
\nDr Maliki served as Minister of State in the Ministry of National Development when the scheme was initiated, and his experience will help to ensure its smooth implementation.
\nMeanwhile, interested families must apply on the HDB website or at any HDB branch office, and be emplaced on the scheme before they can apply for a 2-room Flexi flat in HDB\u2019s sales exercises.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Fresh Start Housing Scheme open for application<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The scheme aims to help public rental families with young children own a 2-room Flexi...<\/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-36758","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\/p75ss1-9yS","jetpack-related-posts":[{"id":73808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fresh-start-housing-scheme-helping-56-families\/","url_meta":{"origin":36758,"position":0},"title":"Fresh Start Housing Scheme helping 56 families","date":"December 6, 2017","format":false,"excerpt":"\r Minister of National Development Lawrence Wong revealed that a total of 56 families are making the transition to become homeowners again via HDB\u2019s Fresh Start Housing Scheme, reported Channel NewsAsia. Introduced in December 2016, this programme enables eligible second-timer families living in rental flats to purchase a new two-room\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3000-public-rental-tenants-purchased-their-first-home-hdb\/","url_meta":{"origin":36758,"position":1},"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":[]},{"id":46811,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2-room-flexi-flats-see-encouraging-response\/","url_meta":{"origin":36758,"position":2},"title":"2-room Flexi flats see encouraging response","date":"March 6, 2017","format":false,"excerpt":"\r Many elderly buyers have booked 2-room Flexi flats as they offer shorter leases. The Housing and Development Board (HDB) on Sunday (5 March) said that the 2-Room Flexi Scheme has received \u201cvery encouraging\u201d response, with 87 percent of the 6,070 units offered in four sales exercises already booked, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/punggol-clementi-flats-sees-robust-interest-from-buyers\/","url_meta":{"origin":36758,"position":3},"title":"Punggol, Clementi flats sees robust interest from buyers","date":"February 22, 2017","format":false,"excerpt":"\r \u00a0 Flats in Punggol and Clementi attracted the most interest at this year\u2019s first Build-To-Order sales exercise, reported Today Online. Data from the Housing and Development Board (HDB) showed that five-room flats at Punggol Northshore Cove had a subscription rate of 5.6, or 958 applications for the 170 units\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6753-flats-in-may\/","url_meta":{"origin":36758,"position":4},"title":"HDB launches 6,753 flats in May","date":"May 23, 2019","format":false,"excerpt":"\r They comprise of 3,485 BTO and 3,268 SBF units.\u00a0 The Housing and Development Board (HDB) launched 6,753 flats for sale under its latest Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. This comprises 3,485 BTO and 3,268 SBF units. The BTO flats are spread across four projects, three\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-over-7800-flats-in-combined-sales-exercise\/","url_meta":{"origin":36758,"position":5},"title":"HDB launches over 7,800 flats in combined sales exercise","date":"August 12, 2020","format":false,"excerpt":"\r The flats range from two-room flexi to five-room flats to meet the diverse housing needs of singles, the elderly, first-timers and second-timer families. Photo: Parc Residences @ Tengah The Housing and Development Board (HDB) on Wednesday (12 August) launched 7,862 new flats for sale \u2013 its biggest Build-to-Order (BTO)\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\/36758"}],"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=36758"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36758\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=36758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=36758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=36758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}