Housing guides

SORA is the Singapore Overnight Rate Average, derived from actual overnight interbank transactions. It is a reference rate that home loans add a spread to.

HDB offers a concessionary loan with a pegged rate and its own LTV limit. A bank loan follows MAS rules on tenure and LTV. Two different frameworks.

Understand the progressive Buyer’s Stamp Duty schedule and the separate Additional Buyer’s Stamp Duty rules for citizens.

Separate grants for an eligible resale purchase from the levy that can arise when buying another subsidised home.

Residential property tax uses annual value, with different progressive schedules for owner-occupied and other homes.

CPF housing use depends on valuation, loan type and remaining lease, with a separate refund obligation when the home is sold.

The Enhanced CPF Housing Grant amount for first-timer families follows assessed household income, with employment and remaining-lease conditions.

The Proximity Housing Grant distinguishes living with parents or children from living nearby, with separate family and singles amounts.

The Singles Grant amount depends on resale flat type and buying arrangement, with first-timer, income, property and lease conditions.

The Step-Up CPF Housing Grant gives S$15,000 to eligible second-timer families buying a 2-room Flexi or 3-room flat, with an income ceiling and employment condition.