HDB Income Ceilings Raised

New BTO Flats (Singapore): HDB Income Ceilings Raised

Announced today is news of HDB income ceilings raised.

To provide additional affordable housing options for more citizen households, HDB will raise the monthly income ceiling from $8,000 to $10,000 for the following:

a. Purchase of new flats from HDB;
b. Purchase of resale flats with CPF Housing Grant;
c. An HDB loan for the purchase of a new or resale flat.

The monthly income ceiling to purchase new Executive Condominiums (ECs) will also be increased from $10,000 to $12,000.

This gives more families the added option of buying an EC, besides resale flats and private property. It also facilitates upgrading for existing HDB flat owners.

Eligible first-timer households will receive a CPF Housing Grant, tiered as follows in Table 1. There is no change to the DBSS income ceiling of $10,000, which was just raised a year ago. Table 2 summarises the income ceilings for families.

Table 1: CPF Housing Grant for EC Buyers

Monthly household income | CPF Housing Grant
Not more than $10,000 =$30,000
More than $10,000 to $11,000 =$20,000
More than $11,000 to $12,000 =$10,000

Table 2: Monthyl Income Ceilings For Families

Revised Income Ceiling for Purchase of:

New BTO Flats* = $8k ^ (old) , $10k^^ (new)

Resale Flats with CPF housing grant = $8k ^ (old), $10k^^ (new)

New ECs = $10k (old), $12k with tiered subsidies (new)

HDB Loan = $8k ^ (old), $10k^^ (new)


* Refers to 3-room premium flats, 3-room flats in mature estates, 4-room and bigger flats.

^ The income ceiling for an extended family is $12,000. Please refer to the HDB InfoWEB for a more detailed explanation of an extended family.

^^ The revised income ceiling for an extended family is $15,000.


Single citizens too will get more help to buy a resale flat. The monthly income ceiling for single citizens buying up to a 5-room resale flat under the Single Singapore Citizen (SSC) Scheme, with a CPF Housing Grant and HDB loan, will be increased from $3,000 to $5,000. HDB will also increase the CPF Housing Grant for single citizens from $11,000 to $15,000.

The monthly income ceiling for housing subsidies for single citizens buying a resale flat under the Joint Singles Scheme (JSS) will also be increased from $8,000 to $10,000. Similarly, the monthly income ceiling for housing subsidies for single citizens who buy a resale flat with their parents will be increased from $8,000 to $10,000. Table 3 summarises the income ceilings for singles.

The monthly income ceiling to buy Studio Apartments (SAs) will also be increased from $8,000 to $10,000. This gives more elderly households the added option of buying an SA.

Implementation Date

The changes will be implemented with immediate effect, i.e. for applications to buy new / resale HDB flats and HDB Loan Eligibility Letter applications received from 15 Aug 2011. For ECs, the changes will be applicable to projects which are launched for public sale from 15 Aug 2011.

This HDB residential property new BTO flats update is for personal use only.

NEW BTO FLATS