In 2016, for the buyers who are eligible should strongly consider ECs given that opportunity to enjoy CPF Housing grants if they are eligible. The CPF Housing Grant is a housing subsidy provided by the Government to assist eligible buyers in buying a EC and ranges from $10,000 to $30,000, depending on the gross monthly household income of the buyer’s family.
Developers usually have small room of margin in relation to ECs, building the units that are with practical layouts, better sizes to cater the different needs and yet to be inline with the income ceiling restrictions of not more than $14,000. Making ECs more attractive by offering more features and with most facilities and more affordable based on price per square foot (psf).
Brownstone in Canberra, Sembawang
