{"id":80346,"date":"2018-02-19T16:40:24","date_gmt":"2018-02-19T09:40:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-2018-govt-enhances-proximity-housing-grant-for-resale-flat-buyers\/"},"modified":"2018-02-19T17:06:56","modified_gmt":"2018-02-19T10:06:56","slug":"budget-2018-govt-enhances-proximity-housing-grant-for-resale-flat-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-2018-govt-enhances-proximity-housing-grant-for-resale-flat-buyers\/","title":{"rendered":"Budget 2018: Govt enhances proximity housing grant for resale flat buyers"},"content":{"rendered":"


\nFamilies buying a HDB resale flat to live with their parents or married children will now enjoy an enhanced PHG of $30,000.
\nIn his Budget 2018 speech on Monday (19 February), Finance Minister Heng Swee Keat announced several new enhancements to the Proximity Housing Grant (PHG) to help Singaporeans looking to live with or near their loved ones.
\nThose buying a HDB resale flat to live with their parents or married children will now enjoy an enhanced PHG of $30,000. A PHG of $20,000 will continue to be offered to families buying a resale flat to live near their parents or children.
\nAt the same time, eligible singles who buy a resale flat to live with their parents will now receive a PHG of $15,000. Those who buy a unit to live near their parents will receive a PHG of $10,000.
\nThe government will also revise the criteria for the PHG to within 4km, up from 2km previously.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Budget 2018: Govt enhances proximity housing grant for resale flat buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Families buying a HDB resale flat to live with their parents or married children will...<\/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-80346","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-kTU","jetpack-related-posts":[{"id":114325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-has-disbursed-550-million-under-proximity-housing-grant\/","url_meta":{"origin":80346,"position":0},"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":81880,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3330-singles-collected-keys-to-their-new-flats\/","url_meta":{"origin":80346,"position":1},"title":"3,330 singles collected keys to their new flats","date":"March 5, 2018","format":false,"excerpt":"\r Prior to 2013, singles were only allowed to acquire flats on the resale market. Since the easing of rules on singles in 2013, 3,300 of the 12,000 singles that have applied for new two-room flats in non-mature estates have collected the keys to their new flats as at end-January\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80709,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-february-2018\/","url_meta":{"origin":80346,"position":2},"title":"News Roundup (February 2018)","date":"February 22, 2018","format":false,"excerpt":"\r Our top Singapore property stories. 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The Housing and Development Board\u2019s (HDB) Proximity Housing Grant has received a very encouraging response, with 5,217 households applying for the scheme as at 31 August, involving a total grant of $100.8 million, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-spent-211m-to-help-families-live-closer-together\/","url_meta":{"origin":80346,"position":5},"title":"Govt spent $211m to help families live closer together","date":"February 12, 2018","format":false,"excerpt":"\r The Proximity Housing Grant has helped 11,000 families buy resale HDB flats close to their parents or married children. 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