Raised Income Ceiling for EC buyers

Raised Income Ceiling for EC buyers

Raised income ceilings
(1) MND and HDB are committed to helping Singaporeans own a flat , particularly young couples setting up their first homes. With effect from 24 August 2015, MND and HDB will raise the income ceilings for citizen households to buy new flats from the HDB and HDB resale flats with Executive Condominium (EC) units with tiered CPF Housing Grant from $12,000 to $14,000.

Joint Press Release by MND & HDB : Affordable Homes, Closer Families, Stronger Ties
Source: http://www.hdb.gov.sg/fi10/fi10296p.nsf/PressReleases/D51979168C682B2148257EAB002450B1?OpenDocument

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