The Housing and Development Board will be enhancing the scheme by setting aside a proportion of flat supply for parents and married children wanting to stay close by.
SINGAPORE: The Housing and Development Board (HDB) on Friday (Nov 21) announced it would be setting aside a proportion of new flat supply for parents and married children who wish to live near each other.
In enhancing the Married Child Priority Scheme (MCPS), up to 30 per cent of the flat supply will be set aside for MCPS first-timer families and up to 15 per cent for second-timer families. This will apply from November's Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises.
Previously, families who wish to live with or near each other received extra ballot chances for their new flat application under MCPS, the press release noted.
SINGAPORE: The Housing and Development Board (HDB) on Friday (Nov 21) announced it would be setting aside a proportion of new flat supply for parents and married children who wish to live near each other.
In enhancing the Married Child Priority Scheme (MCPS), up to 30 per cent of the flat supply will be set aside for MCPS first-timer families and up to 15 per cent for second-timer families. This will apply from November's Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises.
Previously, families who wish to live with or near each other received extra ballot chances for their new flat application under MCPS, the press release noted.
"With effect from November’s BTO and SBF exercises, the MCPS will be converted from a chance-based to a quota-based priority scheme to offer such applicants significantly higher chances of success," HDB stated.
It added that under the enhanced MCPS, first priority will be extended to two groups of applicants:
Parents and married children who apply for a flat to live together under one roof
Parents who own a flat in a mature estate, and who apply for a BTO flat in a non-mature estate to move near to their married child
In November, HDB will offer about 4,277 BTO flats in Sembawang, Sengkang, Tampines and Yishun. An additional 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise.
It added that under the enhanced MCPS, first priority will be extended to two groups of applicants:
Parents and married children who apply for a flat to live together under one roof
Parents who own a flat in a mature estate, and who apply for a BTO flat in a non-mature estate to move near to their married child
In November, HDB will offer about 4,277 BTO flats in Sembawang, Sengkang, Tampines and Yishun. An additional 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise.
