3,330 singles obtained keys to their new flats

Subsequently the enabling of rules on singles in year 2013, out of 12,000 singles, only 3,300 that have enforced for new 2-room flats in non-established estates have obtained the keys to their new units as at the end of January 2018.

The other candidates are yet waiting for the attainment of their new flats, mentioned by HDB’s spokesman.

Previously in year 2013, singles were only permitted to obtain flats on the resale market. Over the previous 4 years, the supply of flats for 2-room units in non-established estates has remained stable at a typical of around 4,000 units every year,” stated by the spokesman.

With the stable supply of such units, the tender rates for unmarried individuals have fell from a top record of 57.5 aspirants to one 2-room flat throughout the year 2013 BTO (Build-to-Order) exercise to about 5.9 last year.

“The Housing and Development Board will continue to observe the demand and regulate its supply of 2-room units to suit the housing desires of this group,” noted the spokesman.

Qualified first-timer singles obtaining an HDB flat can relish up to $40,000 in housing endowments, including the Special CPF Housing Grant (SHG) and the Additional CPF Housing Grant (AHG), together of which are covered at $20,000.

Temporarily, suitable first-timer singles who desire to buy a resale unit from the open market can relish up to $60,000 in housing endowments, including the AHG (covered at $20,000), Singles Grant (covered at $25,000) as well as the Proximity Housing Grant (PHG).

Beneath the Budget 2018 notice, singles acquiring a resale flat to reside with their parents can profit from a Proximity Housing Grant of $15,000, an upsurge from $10,000 earlier, whereas singles obtaining a flat close to their parents (or inside 4 kilometers) may profit from a Proximity Housing Grant of $10,000.