$500 million Enhanced CPF Housing Grant disbursed to 15,600 first-time buyers

With the Enhanced CPF Housing Grant, Family Grant and Proximity Housing Grant, who says housing is unaffordable? The Enhanced Housing Grant was introduced in September 2019. Since then 15,600 first-time buyers of new and resale flats have received the Enhanced Housing Grant (EHG), with close to $500 million disbursed, National Development Minister Desmond Lee said. […]
Grow your CPF with Matched Retirement Savings Scheme; 440,000 members qualify

Matched Retirement Savings Scheme (MRSS) Good news! The Government has introduced the Matched Retirement Savings Scheme (MRSS) to help senior Singaporeans who have yet to meet the Basic Retirement Sum (BRS) save more for retirement. Here’s how it works. For five years, from 2021 to 2025, the Government will match dollar-for-dollar cash top-ups made to […]
Award-winning Punggol 21: a promise delivered brick by brick, step by step

Stroll along Punggol estate and you will come across My Waterway@Punggol – a waterway created for a more refreshing living environment for HDB residents. The 4.2km-long Punggol Waterway is now one of the most recognisable landmarks in Punggol. A joint project between HDB and NParks, the waterway acts as a major air corridor and encourages […]
Why do some people want to empty their CPF accounts early when it will hurt them later?

They have illogical fears that if they leave any money behind in the CPF, they will not see it as the Government will allegedly come up with more reasons to deprive them of their money.