What is the Family Grant Proximity Housing Grant (PHG)?
The HDB Proximity Housing Grant (PHG) is a CPF Housing Grant that remains accessible to individuals who are no longer first-time HDB buyers and have previously utilised HDB Housing Grants. The grant’s primary objective is to support families in purchasing a resale flat to reside together or in close proximity to each other.
Younger families desiring to buy a resale flat near or with their parents can qualify for the PHG. Likewise, the parents themselves can also be eligible for the PHG if they purchase a resale flat to live near or with their married or single child.
It’s important to keep in mind that the PHG is exclusively awarded to buyers of HDB resale flats. BTO buyers are not eligible for this grant. Additionally, the PHG is applicable only when purchasing a 2-room to 5-room resale HDB flat. However, there are no restrictions on the flat type for singles who are buying to live with their parents.
Related article: HDB’s Proximity Housing Grant (PHG) for resale flats: All you need to know
Am I Eligible for the Family Grant Proximity Housing Grant (PHG) in Singapore?
To be eligible for the PHG, the individual must meet the following requirements:
- They should hold Singapore Citizenship (SC).
- Their family nucleus must comprise at least one individual who is either an SC or a Singapore Permanent Resident.
- If applying as a family, they must be at least 21 years old or older.
- If applying as a single, they must be 35 years old or older.
- They should not have previously received the PHG subsidy.
- The resale flat intended for purchase must have a lease of 20 years or more.
- The HDB resale flat must fulfill one of the following criteria:
- It should be located within 4 km of their parents’ HDB flat.
- It should be situated within 4 km of the private residential property where their parents reside.
How much can I get from the Family Grant Proximity Housing Grant (PHG)?
Individuals planning to purchase a resale flat to reside with their parents will be entitled to a grant of S$30,000. However, if they buy a resale flat near their parents, they will receive a grant of S$20,000.
Eligible single individuals, on the other hand, will receive S$15,000 and S$10,000, respectively, for living with or near their parents.
Note that the PHG can be combined with other housing grants to further reduce the cost of your resale flat. This includes the CPF Housing Grant for Singles, the CPF Housing Grant for Family, and the Enhanced CPF Housing Grant.
The information provided was accurate at the time of publication. For the latest changes and updates, you can check the Singapore official website.
