HDB Resale Flats

Pasir Ris

         

 

 

Enquiry Hotline : 9788 1579 

Right-Sizing

(with Silver Housing Bonus)

Last Updated on 22 Jan 2018

How to Right-Size

Selling your existing flat and buying either:

- Smaller and cheaper resale flat

- Smaller New 2-room Flexi or 3-room flat

Silver Housing Bonus (SHB)

If you buy a smaller flat type (up to 3-room flat), you can apply for the SHB and receive up to $20,000 cash bonus per household by using some of your net sale proceeds to top up your CPF Retirement Account (RA) and join CPF LIFE.

SHB Eligibility

- At least one owner is a Singapore Citizen aged 55 or above

- Gross monthly household income of $12,000 or less

- HDB flat (met M.O.P for resale), or

- Private property of Annual Value of $13,000 or less

- No concurrent ownership of 2nd property

- Purchase Smaller HDB flat (up to 3-room)

- Purchase price does not exceed selling price of existing property

 


More Info for Right-Size with SHB

http://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/for-our-seniors/right-size-with-silver-housing-bonus




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