The CPF Housing Grant is a housing subsidy provided by the government not only to eligible buyers of resale flats, but also assists eligible first-timer family to buy an Executive Condominium too.
The CPF Housing Grant (in the form of CPF Monies and not cash) will be credited into your CPF Ordinary Account and treated as part of your CPF fund. It can be used to pay for the CPF portion of the down payment at the time of signing of the Sales and Purchase Agreement after you have paid the cash payment (if applicable) or to reduce the mortgage loan. The CPF Housing Grant will be included in the computation of the CPF withdrawal limit.
*Only applicable to first-timers.
* If you are from an SC/SPR household, you can enjoy the full housing subsidy by applying for the Citizen Top-Up when your SPR partner takes up Singapore Citizenship or when you have an SC child.
You and the essential family members listed in the application for purchase of the flat must not: