What government grants are available for home buyers in Singapore?
The Singapore government offers several housing grants to reduce homeownership costs, especially for first-time buyers. These include the Enhanced CPF Housing Grant (up to S$120,000), the CPF Housing Grant for Resale Flats (up to S$80,000), the Proximity Housing Grant (up to S$30,000), and a CPF Housing Grant for Executive Condominiums (up to S$30,000). Eligibility depends on citizenship status, income level, household composition, and property type.
Last updated: 8 May 2026
The Singapore government offers several housing grants to make homeownership more accessible, particularly for first-time buyers. These grants can significantly reduce the effective cost of purchasing a home.
The Enhanced CPF Housing Grant (EHG) provides up to S$120,000 for eligible first-time buyers of resale HDB flats or new flats (BTO). The grant amount depends on your average monthly household income, with lower-income households receiving larger grants. Both Singapore Citizens and households with at least one Citizen member may qualify, subject to income ceilings (S$9,000 for families) and other eligibility criteria.
The CPF Housing Grant for Resale Flats provides additional assistance for first-time buyers purchasing resale HDB flats. Depending on the flat type and proximity to parents or married children, grants of S$40,000 to S$80,000 may be available for families with average gross monthly household income not exceeding S$14,000.
The Proximity Housing Grant (PHG) encourages families to live near each other. Married children or singles purchasing a resale flat within 4km of their parents' or children's home can receive S$20,000 (for living nearby) or S$30,000 (for living with family members).
For Executive Condominiums, buyers may be eligible for the CPF Housing Grant of up to S$30,000, subject to income ceilings (S$16,000 for families) and other conditions.
These grants are typically applied at the point of purchase and can be used toward the downpayment or purchase price, effectively reducing the amount you need to borrow. This lowers your monthly mortgage repayments and total interest cost over the life of the loan.
Eligibility for these grants depends on factors including citizenship status, income level, household composition, whether you are a first-timer, and the type and location of the property. The rules can be complex and are updated periodically.
Cashew helps buyers identify all grants they are eligible for and factor them into the overall financing plan, ensuring you capture every available benefit.