Alternative housing options available

Housing is very much tied to the formation of a nuclear family in Singapore, namely a married couple and children. With Prime Minister Lee Hsien Loong announcing during the National Day Rally, that the country’s conception of family and marriage remains unchanged, the process of getting a house would continue to be a challenging one for many.

However, you don’t have to give up on your dream of owning your very own home! Aside from private properties, which may not be the most financially viable option, there are different housing types you could look into.

1. Build-to-order (BTO) flats

• Limited to non-mature estates

• Excluding those launched under the Prime Location Public Housing (PLH) model

• Income ceiling of $7000 for 2-room flexi flats

• Application through the Singapore Citizen Single Scheme (individual applicant) or the Joint Singles Scheme (2 to 4 co-applicants)

• An additional $15000 is payable on top of the listed BTO pricing, for singles buying the flat under the Singapore Citizen Single Scheme (SCSS)

2. HDB resale flats

• All flat types, apart from 3Gen flats

• No income ceiling for purchase of flat

• Grants available include the Proximity Housing Grant (Singles), Enhanced CPF Housing Grant (Singles) and the CPF Housing Grant for Resale Flats (Singles)

3. New executive condominiums (ECs)

• Only accessible through the Joint Singles Scheme

• Household income ceiling of $16000

Whether you’re looking to purchase a property alone or with a partner whom you are not married to— or you are inclined towards renting a home— we can help you secure an abode that would fulfil your needs. Get in touch with us to explore the different choices available.