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Get the most out of your CPF housing grants! Part 2: DBSS flats

Buying a DBSS flat from developers

The DBSS has been suspended since 2011. But just in case you want to join one of the hundreds of unhappy Trivelis flat-buyers, here are the grants you may be eligible for.
For families:

The CPF Housing Grant for Family (DBSS) is given out based on a couple of factors.

  • If your household income is between $8,001 and $10,000, you will be eligible for the CPF Housing Grant for Family up to $30,000. How much you get exactly depends on the number of applicants who are Singapore Citizens, and if either applicant has previously taken a housing subsidy.
  • If your household income is $8,000 or less, you will be eligible for the CPF Housing Grant for Family up to $30,000 as well. However, if you are living with your parents in the same flat, or they live within 2km of you, you will be eligible for up to another $10,000.

You will also be eligible for the Additional CPF Housing Grant and Special CPF Housing Grant of up to $60,000 if your household income is $6,500 or less. The amount you get depends on your household income.

How to get the most CPF Housing Grant: Have a monthly household income of $1,500 or less, both applicants must be Singapore Citizens, and stay with your parents in the same flat, or live in the same town/within 2 km from your parents. At least one parent must be a Singapore Citizen or PR.

Maximum possible CPF Housing Grant: $100,000 (CPF Housing Grant for Family, Additional CPF Housing Grant and Special CPF Housing Grant)

For singles:
If you are single, a Singapore Citizen and 35 years old and above, you may be eligible to get a grant if you buy a DBSS unit from the developers. There are two different categories:
If you are applying with your siblings under the Orphans Scheme, or If you are planning to stay with your parents.

The CPF Housing Grant for Singles (DBSS) under the Orphans Scheme is $11,000. The CPF Housing Grant for Singles (DBSS) is $20,000 if you are applying to stay with your parents in the flat ($20,000). Whether or not you qualify for the above, you may also be eligible for the Additional CPF Housing Grant and Special CPF Housing Grant of up to $30,000 if your income is $3,250 or less. If you are applying under the Joint Singles Scheme, then you may be eligible for up to $60,000 if your combined incomes are $6,500 or less.

For the Single Singapore Citizen and Non-Citizen Spouse schemes and First-Timer/Second-Timer couples:

For the Joint Single Scheme or Orphan Scheme:



How to get the most CPF Housing Grant: Have a monthly income of $750 or less, are a Singapore Citizen and stay with your parents in the same flat. At least one of your parents must be a Singapore Citizen or PR.
Maximum possible CPF Housing Grant: $50,000 (CPF Housing Grant for Singles (living with parents), Additional CPF Housing Grant (Singles) and Special CPF Housing Grant (Singles))

Story first posted on AsiaOne.com

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