Applications surge after housing grant is extended
Published on May 11, 2014 8:25 AM
Applications for a housing grant originally meant for low-income earners have surged after it was extended to middle-income households last August.
Almost twice as many flat buyers took up the Special CPF Housing Grant in the first three months of this year than in all of last year, the Housing Board (HDB) said.
The grant was given to 2,320 households from January till March, compared to 1,245 in 2013.
And another 1,800 applications are being processed.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!