CPF Housing Grants for ECs
These are the CPF Housing Grants available for Executive Condominium (EC) purchases from developers:
You and any co-applicants must be eligible for the grant at the point of booking the EC.
Average gross monthly household income of all persons in application, i.e. applicants and occupiers
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
$10,001 to $11,000
$11,001 to $12,000
$12,001 to $14,000
You will be considered a first-timer applicant if you have not received any housing subsidy from HDB, which means that you must not:
You can apply for the Citizen Top-Up of $10,000 when a qualifying member of your SC/ SPR household obtains Singapore citizenship. You need to submit your application to HDB within 6 months of being eligible for it.
You can apply for the CPF Housing Grant when booking your EC with the developer.
CPF Housing Grants are fully credited into the CPF Ordinary Accounts of eligible Singapore Citizen (SC) applicants. No cash is disbursed.
Type of Applicants
Distribution of Grant
Sole SC applicant
Joint SC applicants (husband and wife)
Half of the full grant each
Full grant given to the SC FT, who must be a co-applicant
Multi-nuclei SC applicants, such as:
Grant given only to a maximum of 2 applicants who are husband and wife
The CPF Housing Grants can be used to:
The grant cannot be used for the minimum cash downpayment (if any) and monthly mortgage instalment payments.
The grant will also be included in the computation of the CPF withdrawal limit.
Mr O (SC) and Mrs O (SPR) have booked an EC unit. Both of them have never taken any housing subsidy and their monthly household income at the point of application is $10,500.
CPF Housing Grant (SC/SPR Household)
Previous Housing Subsidies
First-timer couple with no previous housing subsidies
A grant of $10,000 will be fully disbursed to Mr O, the sole 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.
If you have been invited to select a flat, you may check out the flats available for selection