Up to 80k for the lowest income group if you apply for a BTO in a non-mature estate.
Now you know why a 2-room flexi flat can cost just a few thousand dollars.
A 2-room flexi flat at West Plains@Bukit Batok (non-mature estate), for example, costs from just $5k with grants.
No mistake.
What most people also do not realize is that these housing grants are more than just a discount on the price of the BTO that you buy. They become money in your CPF.
http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/first-timer-applicants
http://esales.hdb.gov.sg/hdbvsf/eampu02p.nsf/0/16FEBBTO_page_2402/$FILE/about0.html
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