Have you ever wondered what happens to the housing grants provided by the government when you sell your HDB flat? We've got the answer for you!
According to the official information shared by the Housing & Development Board (HDB), the housing grants given to HDB flat buyers are yours to keep even after selling your flat. Yes, that's right! The grants are not required to be repaid to the government. Once you have received the housing grants, they become a permanent benefit for you.
It's important to note that the housing grants are subject to certain conditions and may have specific usage restrictions. However, rest assured that they are not taken back by the government when you sell your HDB flat. These grants can make a significant difference in your homeownership journey and provide valuable financial support.
The first $30,000 (for singles) or first $60,000 (for families) of housing grant(s)1 enjoyed will be credited to your CPF Ordinary Account. The remaining grant amount will be credited to your CPF Special Account / Retirement Account and Medisave Account.
If you're considering selling your HDB flat and would like expert guidance throughout the process, I'm here to help! As a seasoned realtor with extensive knowledge of the HDB market, I can assist you in navigating the complexities of selling your flat while maximizing your returns.
From determining the optimal selling price to staging your home for potential buyers, I offer comprehensive services tailored to your specific needs. Let me handle the intricacies of the sale while you focus on your next housing endeavor.
Don't miss out on this opportunity to make the most of your HDB sale and receive expert assistance along the way. Contact me today to discuss your real estate goals and let's work together to ensure a successful and seamless selling experience!