CPF Housing Grant for ECs

These are two types of CPF Housing Grants available for Executive Condominium (EC) purchases from developers – Family Grant and Half-Housing Grant.

You can apply for the CPF Housing Grant when booking your EC with the developer.

The CPF Housing Grants can be used to:

Offset the balance downpayment for the EC and subsequent payments towards the purchase price

Reduce the mortgage loan for the EC

Some things to note:

The grant cannot be used for the minimum cash downpayment (if any) and monthly mortgage instalment payments.

The grant will also be included in the computation of the CPF withdrawal limit.

The grants are fully credited into the CPF Ordinary Accounts of eligible Singapore Citizen (SC) applicants. No cash is disbursed.

You and any co-applicants must be eligible for the grant at the point of booking the EC.

*Information is extracted and summarised from online resources. It is accurate at the point of writing. More details are available on the HDB website. Read more >

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