CPF Housing Grant

Parclife EC – CFP Housing Grant

The CPF Housing Grant for EC is a housing subsidy (in the form of CPF monies) provided by the Government to purchase a unit at Parclife EC.

The grant assists eligible first-timer family to buy Parclife EC.

Amount of Grant for Parclife EC Buyers

Parclife EC Buyer with Average Gross Monthly Household Income up to $10,000

Type of Grant AvailableSC / SC HouseholdSC / SPR Household
CPF Housing Grant for Family$30,000$20,000 #
Half Housing Grant

  • If you are a first-timer citizen and your spouse has previously taken a housing subsidy
$15,000

# If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family takes up Singapore Citizenship or when you have an SC child.

EC Buyer with Average Gross Monthly Household Income from $10,001 to $11,000

From 15 Aug 2011, first-timer households with monthly income between $11,001 and $12,000 may buy new ECs with a CPF Housing Grant of $10,000. This revision is only applicable to EC projects launched for public sale on or after 15 Aug 2011.

Type of Grant AvailableSC / SC HouseholdSC / SPR Household
CPF Housing Grant for Family$20,000$10,000 #
Half Housing Grant

  • If you are a first-timer citizen and your spouse has previously taken a housing subsidy
$10,000

# If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family takes up Singapore Citizenship or when you have an SC child.

EC Buyer with Average Gross Monthly Household Income from $11,001 to $12,000

From 15 Aug 2011, first-timer households with monthly income between $11,001 and $12,000 may buy new ECs with a CPF Housing Grant of $10,000. This revision is only applicable to EC projects launched for public sale on or after 15 Aug 2011.

Type of Grant AvailableSC / SC HouseholdSC / SPR Household
CPF Housing Grant for Family$10,000$0 #
Half Housing Grant

  • If you are a first-timer citizen and your spouse has previously taken a housing subsidy
$5,000

# If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family takes up Singapore Citizenship or when you have an SC child.

Eligibility Conditions for CPF Housing Grant

CriteriaDetailed Description
CitizenshipYou are a Singapore Citizen. Your family nucleus must comprise at least another Singapore Permanent Resident or Singapore Citizen.
Age21 years old and above
Family NucleusYou are applying with your:

  • Spouse and children (if any), or
  • Fiancé/fiancée (must be able to produce your marriage certificate, latest by the date of keys collection), or
  • Children under your legal custody, care and control (if widowed or divorced)
Household statusYou and the essential family members listed in the application for purchase of the flat must not:

  • Be the owners of a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought with CPF Housing Grant from the developer
  • Have sold a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought with CPF Housing Grant from the developer
  • Have received the CPF Housing Grant for the purchase of an HDB resale flat
  • Have taken other forms of housing subsidy (for example, benefitted under the Selective En bloc Redevelopment Scheme, privatisation of HUDC estate etc)

 

 

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