Written Answer by Ministry of National Development on policy for families buying flats in mature estates to live with or near parents

Feb 4, 2020


Mr Gan Thiam Poh: To ask the Minister for National Development whether the Ministry can review the existing policy so as to accord priority to first-time applicants for BTO flats in mature estates where their parents or parents-in-law are living in.

Answer:

Families who wish to buy a new HDB flat to live with or near their parents already enjoy priority in their flat application under the Married Child Priority Scheme and the Multi-Generation Priority Scheme. This includes those who wish to buy flats in the mature estates. 

Families may also wish to consider buying a resale flat to live with or near their parents. They can enjoy a Proximity Housing Grant of up to $30,000. In total, first-timer families can enjoy up to $160,000 in grants for their resale flat purchase. All resale grants are available for flat purchases in both the mature and non-mature estates.