During the National Day Rally 2015 (NDR 2015) on Saturday (23 Aug), Prime Minister Lee Hsien Loong made several announcements on government policy changes.
The measures taken to improve housing subsidies and affordable healthcare raised particular interest during the National Day Rally 2015 Public Forum, which was attended by 140 members of the public and was held at *Scape at Orchard Link on Thursday (28 Aug).
For a summary of the highlights of the changes announced during the NDR 2015, below is a cheatsheet of what the housing-related policy changes are about and what they mean for you:
The infographic is discussed in further detail in our article on NDR 2015: what do the policy updates mean for you?
For further reading, check out:
- Fresh Start Housing Scheme provides fresh start to second-timer rental households
- Demand for BTO & EC units likely to surge on the back of latest changes
- Proximity Housing Grant offers more help to families who want to live near their parents or married children
If you enjoyed this article, you might be interested in HDB flat designs through the decades: then vs now and Property types in Singapore for Dummies (Infographics).
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About Marissa Soeryadjaya
Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
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