Here’s How CPF Housing Grants Will Affect Your HDB Flat Purchase

By Peter Lin (via moneysmart.sg)

It’s no secret that buying a home is the biggest financial commitment that we will make in our lives. Even with subsidised housing in the form of HDB flats, finding that perfect place to stay is still the biggest purchase we’ll ever make.

To put it bluntly, unless you were born the only heir of a family business worth millions, you will need to take out a home loan to buy your HDB flat. But to ensure that everyone can afford a place to stay, those of us who are just starting out in our careers can rely on housing grants to further subsidise our HDB flat purchase.

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