CPF Housing Grant for EC (Eligible Applicants only)

The CPF Housing Grant is given by the government to assist First Timer families to purchase an EC. This grant is given in the form of CPF monies.

Average gross monthly household income of all persons in application, i.e. applicants and occupiers Family Grant Half-Housing Grant

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 $30,000 $20,000 $15,000
$10,001 to $11,000 $20,000 $10,000 $10,000
$11,001 to $12,000 $10,000 Nil $5,000
$12,001 to $14,000 Nil Nil Nil

Eligibility Conditions for CPF Housing Grant for EC

You will be considered a first-timer applicant and eligible for the CPF Housing Grant for EC if you have not received any housing subsidy from HDB, which means that you must not:

  • Be the owner of a flat bought from HDB
  • Have sold a flat bought from HDB
  • Have taken the CPF Housing Grant to buy an EC, Design, Build and Sell Scheme (DBSS) flat or an HDB resale flat, or taken over ownership of such a flat or EC
  • Have transferred the ownership of a flat bought directly from HDB, or an HDB resale flat bought with a CPF Housing Grant
  • Have ever taken other forms of housing subsidy, such as Selective En bloc Redevelopment Scheme benefits or privatisation of HUDC estate

Citizen Top-Up (for SC/SPR Households)

You are able to apply for the Citizen Top-Up grant 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 obtaining citizenship to be eligible for it.

Disbursement of CPF Housing Grants

CPF Housing Grants can be applied when you book your choice unit with the developer.

For the disbursement of CPF Housing Grants, they will be disbursed fully into your CPF accounts. No cash will be disbursed to the applicants.

Type of Applicants Distribution of Grant
Sole SC applicant Full grant
Joint SC applicants (husband and wife) Half of the full grant each
FT/ST couple Full grant given to the SC FT, who must be a co-applicant
Multi-nuclei SC applicants, such as:

  • Married siblings with their respective spouses
  • Parents and married child
Grant given only to a maximum of 2 applicants who are husband and wife

Usage of CPF Housing Grant

The CPF Housing Grants can be used to:

  • Offset the balance down payment for the EC and subsequent payments towards the purchase price
  • Reduce the mortgage loan for the EC

The grant cannot be used for the minimum cash down payment (if any) and monthly mortgage installment payments.

The grant will also be included in the computation of the CPF withdrawal limit.

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