CPF Housing Grant

The CPF Housing Grant available for buying an Executive Condominium (EC) unit from a property developer is:

  • Family Grant; or
  • Half-Housing Grant

You and any co-applicants must be eligible for the grant at the point of booking the EC unit.

Average gross monthly household income of all persons in application, i.e. applicants and occupiers Family Grant Half-Housing Grant
If you are a first-timer (FT) SC and your co-applicant is a second-timer (ST) who has previously taken 1 housing subsidy, i.e. FT/ ST couple
Singapore Citizen (SC/ SC) Household SC/ Singapore Permanent Resident (SC/ SPR) Household
$10,000 or lower $30,000 $20,000 $15,000
$10,001 to $11,000 $20,000 $10,000 $10,000
$11,001 to $12,000 $10,000 Nil $5,000
$12,001 to $16,000 Nil Nil Nil

Check if you are a first-timer applicant

You will be considered a first-timer applicant if you have not received any housing subsidy from HDB, which means that you must not:

  • Be the owner of a flat bought from HDB
  • Have sold a flat bought from HDB
  • Have taken the CPF Housing Grant to buy an HDB resale flat or Design, Build and Sell Scheme (DBSS) flat, an EC unit, or taken over ownership of such a flat or EC unit
  • Have transferred the ownership of a flat bought directly from HDB, an HDB resale flat bought with a CPF Housing Grant
  • Have bought a DBSS flat, or an EC unit where the project was launched for sale in 2015 or after
  • Have ever taken other forms of housing subsidy, such as Selective En bloc Redevelopment Scheme (SERS) benefits or privatisation of HUDC estate

Citizen Top-Up (for SC/ SPR households)

You may apply for the Citizen Top-Up of $10,000 when a qualifying member of your SC/ SPR household obtains Singapore citizenship. You have to submit your application to HDB within 6 months of being eligible for it.

How to apply

You may apply for the CPF housing grant when booking your EC unit with a property developer.

Disbursement

CPF housing grant is fully credited into the CPF Ordinary Accounts of eligible SC applicants. It is not paid in cash.

Type of Applicants Distribution of Grant
Sole SC applicant Full grant
Joint SC applicants (husband and wife) Half of the full grant each
FT/ST couple Full grant given to the SC FT, who must be a co-applicant
Multi-nuclei SC applicants, such as:
  • Married siblings with their respective spouses
  • Parents and married child
 Grant given only to a maximum of 2 applicants who are husband and wife

Usage

The CPF housing grant can be used to:

  • Offset the balance downpayment for the EC unit and subsequent payments towards the purchase price
  • Reduce the mortgage loan for the EC unit

If you are buying an EC unit with a housing loan from a financial institution, the grant will be included in the computation of withdrawal of CPF savings (up to the applicable limits). The grant cannot be used for the minimum cash downpayment (if any) and monthly mortgage instalment payments.

Example

Mr O (SC) and Mrs O (SPR) have booked an EC unit. Both are first-timers and their monthly household income at the point of application is $10,500.

Conditions CPF Housing Grant (SC/ SPR Household)
Monthly household income ceiling $10,001 to $11,000
Previous housing subsidies First-timer couple with no previous housing subsidies
Grant amount $10,000

A grant of $10,000 will be fully disbursed to Mr O, the SC applicant. Subsequently, if Mrs O obtains Singapore citizenship or the couple has an SC child, they may apply for the $10,000 Citizen Top-Up.