Budget 2018: Proximity Housing Grant enhanced, more singles eligible

Singapore — The Government will enhance the Proximity Housing Grant (PHG) to give more support to family members who want to live with or near each other, Finance Minister Heng Swee Keat announced in his Budget speech.

Source: channelnewsasia.com

 

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Proximity Housing Grant has helped over 4,300 families: HDB

SINGAPORE: The Housing & Development Board (HDB) announced on Saturday (Dec 10) it has given out about S$83 million in Proximity Housing Grants (PHG) since the scheme was announced over a year ago, helping more than 4,300 families.

HDB said the response to the scheme “has been very encouraging” as it gives Singaporeans more options to buy a resale flat with or near their parents or married children, in their preferred location in the resale market.

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