(a) He is in continuous employment of one (1) year prior to the time of application to buy the flat (based on the date of the flat application), and is still employed at the time of application; and (b) His average gross monthly household income for the 1-year period does not exceed $2,500/-;
the Additional CPF Housing Grant for Singles will be disbursed fully into his CPF account.
Where there are two eligible single citizen applicants who are at least 35 years old at the time of the flat application and they meet the following conditions:
(a) At least one of the Additional CPF Housing Grant applicants is in continuous employment of one (1) year prior to the time of application to buy the flat (based on the date of the flat application), and is still employed at the time of application; and (b) The average gross monthly household income for all working persons listed in the flat application for the 1-year period does not exceed $5,000/-;
the Additional CPF Housing Grant will be disbursed equally between both of them.
Where there are more than two eligible single citizen applicants who meet the above conditions, the applicants must decide on which two applicants will receive the Additional CPF Housing Grant, subject to the HDB’s prevailing policies, rules and regulations.
USE OF THE GRANT
5. The Additional CPF Housing Grant (“the Grant”) must be used to pay for the flat purchase. The Grant can be used to pay for the CPF portion of the downpayment for the flat purchase, after the cash payment (if applicable) has been paid. Any un-used Grant can then be used to reduce the mortgage loan (if applicable). The Grant cannot be used for payment of the stamp/ registration fees or conveyancing fees.
OTHER CONDITIONS
6. For applications under the Fiancé/ Fiancée Scheme, both the applicant or applicant/ recipient and his/ her fiancé/fiancée must be unmarried, widowed or divorced (with Divorce Certificate/ Decree Nisi Absolute/ Certificate of Making Interim Judgment Final (Divorce/ Nullity) granted) at the time of the flat application. They must produce, without demand, their Marriage Certificate for inspection by the HDB on or before the date of taking possession of the flat.
SOS/RST/AHG Application Form/17122014
7. If the marriage of the applicant/ recipient and his spouse (who is either an applicant or an essential family member) is subsequently annulled, the Additional CPF Housing Grant (with interest) must be repaid to the HDB. In addition, the HDB may require the flat to be surrendered to the HDB based on the HDB’s prevailing policies, rules and regulations.
8. In the event that any applicant/ recipient, any family members or any other person listed in the flat application and/ or the Additional CPF Housing Grant application:
(a) breach any of the Conditions of the Scheme; (b) make any false declaration for the purpose of purchasing the flat or obtaining the Additional CPF Housing Grant; (c) give any false information or suppress information in the application form for the purchase of the flat or in the application for the Additional CPF Housing Grant or in any other written forms/ undertakings; (d) become ineligible to buy or retain the flat; and/ or (e) become or render himself ineligible for the Additional CPF Housing Grant
the HDB may, without prejudice to any other rights, cancel the flat application, compulsorily acquire the Flat and/ or recover the Additional CPF Housing Grant (with interest).
Without prejudice to the above or anything herein or any other rights of the HDB, if the applicant or applicant/ recipient(s) chooses to cancel the flat application with the approval of the HDB or if the flat application is cancelled for any reason whatsoever or if the applicant or applicant/ recipient(s) fail to sign the Agreement for Lease/ Take Possession of the Flat in accordance with the terms of the Agreement for Lease or within the period stipulated by the HDB when required by the HDB to do so, the recipient(s) must return the Additional CPF Housing Grant (with interest) to the HDB upon the cancellation of the flat application.
9. The HDB has the right to recover the Additional CPF Housing Grant (with interest) if the flat or any interest therein is sold, transferred, assigned or otherwise disposed of by the flat applicant(s) or by any mortgagee or any other person on or before the expiration of the 5-year or such other minimum occupation period as determined by the HDB in its absolute discretion.
10. The sale and purchase of the flat under the Additional CPF Housing Grant Scheme is subject to the HDB’s prevailing policies, rules and regulations.