Singapore Silver Housing Bonus amounts and conditions
The Silver Housing Bonus gives seniors who right-size to a 3-room or smaller HDB flat a cash bonus of up to S$40,000 per household, tied to a committed net increase in their CPF Retirement Account.
- Enhanced maximum SHB from 1 December 2025
- S$40,000 per householdHDB, Silver Housing Bonus
- Base maximum SHB
- S$30,000 per householdHDB, Silver Housing Bonus
- Additional bonus for 2-room or smaller flat
- S$10,000 (not pro-rated)HDB, Silver Housing Bonus
- Required CPF RA net increase
- Up to S$60,000HDB, Silver Housing Bonus
- SC owner age minimum
- 55 or aboveHDB, Silver Housing Bonus
- Gross monthly household income ceiling
- S$16,000HDB, Silver Housing Bonus
The SHB in context
The Silver Housing Bonus (SHB) provides support to seniors who right-size to a 3-room or smaller HDB flat to supplement their retirement income. With effect from 1 December 2025, HDB enhanced the SHB to a cash bonus of up to S$40,000 per household for owners who commit to the required net increase in their CPF Retirement Account (RA) and join CPF LIFE. HDB, Silver Housing Bonus (opens in a new tab).
Eligibility conditions
At least one owner must be a Singapore Citizen aged 55 or above. Gross monthly household income must be S$16,000 or less. The existing property must be an HDB flat that has met its minimum occupation period for resale, or a private residential property with an Annual Value of S$31,000 or below. Owners must not own or have an interest in any private residential property, and must not own more than one non-residential property. The next flat must be a 3-room flat excluding 3-room terrace, or a 2-room or smaller flat including a Community Care Apartment. Net sale proceeds from the existing property must be positive. HDB, Silver Housing Bonus (opens in a new tab).
SHB bonus amounts and the RA commitment
The base SHB is S$30,000 when the household commits to a net increase of S$60,000 in the CPF RA after right-sizing. The bonus is pro-rated for smaller commitments at S$1 per S$2 of net RA increase. An additional S$10,000 is added for right-sizing to a 2-room or smaller flat, regardless of the RA commitment. This brings the enhanced maximum to S$40,000 from 1 December 2025. For owners of private residential property with Annual Value between S$21,000 and S$31,000, the SHB is up to S$10,000, pro-rated at S$1 per S$6 committed, plus the additional S$10,000 for a 2-room or smaller flat, for a maximum of S$20,000. HDB, Silver Housing Bonus (opens in a new tab).
Scope
This is general information, with no personal eligibility, financial advice or flat purchase recommendation. This guide has no matching Silver Housing Bonus calculator and does not calculate the net sale proceeds or the actual SHB amount.