More than 80% of Singapore's residents live in public housing flats, which are built, sold and subsidized by the government.
The Enhanced CPK Housing Grant will also be increased for eligible families who are buying for the first time, by up to SG$40,000 . The Enhanced CPF Housing Grant will also be increased for eligible families who are buying for the first time, by up to SG$40,000 to a maximum of $120,000 , the government added.Prices of Singapore's resale homes rose by over 4% in the first half of the year, driven by strong demand and tight supply, according to the government.
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