To make housing more affordable and accessible to Singaporeans, eligible first-time flat buyers can apply for an Enhanced Housing Grant (EHG) of up to $120,000.

What is EHG?

The EHG is a CPF housing grant for first-time flat buyers applying for a new Build-To-Order (BTO) flat or buying a resale flat in the open market. It helps to make housing more affordable and accessible to Singaporeans.

How much EHG am I eligible for?

Eligible first-timer applicants for new flats can enjoy an EHG of up to $120,000, while eligible first-timer singles can enjoy an EHG (Singles) of up to $60,000.

Similarly, eligible first-timer households buying a resale flat can also enjoy an EHG of up to $120,000, in addition to the CPF Housing Grant (up to $80,000) and Proximity Housing Grant (up to $30,000). This means that first-time resale homebuyers can enjoy up to $230,000 in housing grants!

How does EHG work?

To qualify for EHG, the monthly household income for first-timer families should not exceed $9,000 (refer to Table 1 below). Eligible first-timer singles must be aged 35 and above, with a monthly income of less than $4,500. In both cases, the buyer or his/ her spouse must be in continuous employment for the 12 months prior to the date of flat application and remain working at the point of flat application.

Table 1: EHG Structure

^* Applicable to first-timers who buy a flat with sufficient lease to cover the youngest core buyer and core occupier to the age of 95. Otherwise, the household will receive a pro-rated EHG amount.
^{^} Applicable to families with at least two first-timers.
^# Under the Joint Singles Scheme, the EHG is available for buying 2-room Flexi flats on 99-year or short leases from HDB and resale flats (2-room or larger flats) on the open market.
^@ Under the Single Singapore Citizen Scheme, the EHG is available for buying 2-room Flexi flats on 99-year or short leases from HDB and resale flats (2- to 5-room flats) on the open market.

What happens if the remaining lease of the flat I buy does not cover the youngest owner till the age of 95?

To enjoy the full EHG amount for the relevant income brackets, the purchased flat must have sufficient lease to cover the buyers and their spouses to the age of 95. Otherwise, the amount of grant will be pro-rated. This condition also applies to repurchased flats under the Sales of Balance Flats or Re-Offer of Flats exercises.

In a Nutshell

Eligible first-timer applicants for new flats can enjoy up to $120,000 in housing grants while eligible first-timer singles can enjoy an EHG (Singles) of up to $60,000.

For eligible first-timer households buying a resale flat, they can enjoy up to $230,000 in housing grants, which includes the EHG (up to $120,000), CPF Housing Grant (up to $80,000) and PHG (up to $30,000).

Whether you are applying for a new BTO flat or buying a resale flat, remember to factor in the EHG when planning for your new home!

Read this guide to learn about other CPF housing grants available for home buyers.