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Wednesday, August 14, 2013

Singaporeans with non-citizen spouses may apply for two-room BTO flats

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http://www.todayonline.com/singapore/sporeans-non-citizen-spouses-may-apply-two-room-bto-flats

NOT ACTUAL IMAGE
Another recent policy tweak by the Housing and Development Board (HDB) flew largely under the radar.

Starting from last month’s BTO exercise, Singapore citizens aged 35 years and above with non-citizen spouses:
  • Can apply for two-room BTO flats in non-mature estates if they are first-time applicants with household incomes of not more than S$5,000 a month.
  • Can apply for a BTO flat of any size if they have a child who is a citizen or a Singapore Permanent Resident (PR).
  • Can enjoy the same subsidies as singles under the Single Singapore Citizen Scheme.
  • Will pay S$15,000 more for the two-room flat, compared to families with two or more citizens.
  • Are also eligible for the Additional CPF Housing Grant of up to S$20,000, if their monthly income is S$2,500 and below, and the Special CPF Housing Grant of up to S$10,000 if their monthly income does not exceed S$1,125.
  • Can subsequently apply for the CPF Top-Up Grant, if the non-citizen spouse obtains PR status or citizenship, or if the couple has a Singapore citizen or PR child.

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