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Big news, everyone! The government has just announced new HDB rules to help more Singaporeans own a home. 🏠
Key changes include:
Enhanced CPF Housing Grant: More support for first-time home buyers(up to $120k), especially lower-income families.
Tightened loan-to-value (LTV) limits: To cool the resale market. Can loan up to 75% from HDB. (Previously 80%)
Bad news is for New EHG will only applicable from OCT BTO onwards.
What do you think about these changes? Will they help you in your homeownership journey? Share your thoughts below! Are you affected ? 💬 #HD #summerdiary #MyFreeTime #RealTalk #BTO #singapore #housing #EHG #GRANT