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Married couples suggest new housing quota and higher grants for second-timers

Published on Jun 14, 2014 10:01 PM
 
Build-To-Order flats in Punggol. New quota for Build-To-Order (BTO) flats and grants for second-timers purchasing resale flats close to their parents were some of the ideas floated by married couples at a housing dialogue on Saturday, June 14, 2014, at the National Library. -- PHOTO: ST FILE

SINGAPORE - A new quota for Build-To-Order (BTO) flats and grants for second-timers purchasing resale flats close to their parents - these were some of the ideas floated by married couples at a housing dialogue on Saturday at the National Library.

The first idea, where a quota, or a certain number of units, will be set aside for buyers of BTO flats with or near their parents was suggested as opposed to giving them "absolute priority" - which would guarantee them a flat.

Some participants felt that a quota would give those who want to be close to their parents a good chance of securing a flat, but not make it unfair for others without parents in the same estate.

The second idea called for extending a $10,000 housing grant, currently for first-timers who wish to buy a resale flat with or close to their parents, to second-timers as well. This would make it easier for couples who already have a flat to move closer to their parents should they wish to.

 
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