Benefits and Checklist

Family Nucleus

• You and your fiancé or fiancée
• You and your spouse, and child(ren)
• You, your parents and siblings. If you are an unmarried/ widowed/ divorced Singapore Citizen (SC) buying an EC with parents, at least 1 of your parents must be a SC or Singapore Permanent Resident (SPR).
• You and your child(ren) under your legal custody, care and control (for widowed/ divorced persons). If the care and control of your child is shared with your ex-spouse, you must obtain his/ her written agreement before you may list your child in an EC application.
• You and your siblings who are orphans and single, i.e. unmarried, divorced or widowed persons  may apply for an EC unit with the following criteria:
  • All your siblings are listed in the same application, and they are not applying for/ owning/ renting a flat separately.
  • At least 1 of your deceased parents was a SC or SPR.
• You and up to 3 other singles as core applicants.

Citizenship 

• At least 1 Singaporean Citizen
• At least 1 other SC or SPR
• Must be at least 21 years old
• Applicants must be residing in Singapore for a certain period, generally 30 months and must not own any private property overseas in the last 30 months.

Property Ownership

• No overseas or local property ownership currently, and none disposed of in the past 30 months.
• No prior purchase of a new HDB, DBSS flat, or  EC
• No prior receipt of a CPF Housing Grant.
•  Eligible for this purchase/grant as you have only acquired one such property/grant previously.

Age

• All applicants must be at least 21 years old.

Income Ceiling

• There is an income ceiling  required for an EC.  The current income ceiling is SGD $16,000 per month, though this can be subject to change.

Loan Eligibility

• Applicants must also meet the financial requirements for securing a mortgage loan for the EC.