17 Feb '12, 9pm

Silver Housing Bonus for seniors who wish to move to smaller homes

A Silver Housing Bonus of up to S$20,000 has been introduced for Singaporeans aged 55 and above who wish to sell their existing flats and buy a three-room or smaller HDB flat. Deputy Prime Minister Tharman Shanmugaratnam noted that many seniors "have significant wealth in their homes" and thus the Government will provide them an option to free up money for their retirement years by moving to smaller homes. The bonus will provide S$15,000 in cash and S$5,000 to the seniors' CPF accounts. To benefit from the scheme, the homeowners will use the proceeds from the sale of their previous home to top up their CPF savings up to the prevailing Minimum Sum. All amounts above the Minimum Sum can be withdrawn in cash, which the Government expects "many to be able to do so". The Lease Buyback Scheme, where Singaporeans can sell part of their lease back to the Government, has also been ...

Full article: http://www.todayonline.com/Singapore/EDC120218-0000067/Si...

Tweets

Budget: Tax relief, housing bonus for older S'poreans #Singapore

Budget: Tax relief, housing bonus for older S'p...

channelnewsasia.com 17 Feb '12, 9am

SINGAPORE: Older taxpayers will soon get more income tax relief. Announcing this on Friday in Parliament during the Budget...

Budget 2012: Elderly not ready to leave flats for Silver Housing Bonus

Budget 2012: Elderly not ready to leave flats f...

straitstimes.com 20 Feb '12, 3am

How the Silver Housing Bonus works OLDER Singaporeans, aged 55 years and above, who sell their existing Housing Board flat...

I wish ... #Life

iamthewitch.com 26 Feb '12, 12pm

I wish I was there with you yesterday night I wish I was there when the lightning stroke I wish I was there to be hugged b...

Government to pilot group homes for seniors

Government to pilot group homes for seniors

straitstimes.com 19 Feb '12, 1pm

MCYS Minister of State Madam Halimah Yacob (second from right), speaks to an elderly man in a refurbished environment afte...

Are HDB flats really affordable? #sgelection #s...

Some Singaporeans refused to see the real causes of the housing problems. Some may not be able to understand. Some bark up...

Budget and GST.

tankinlian.blogspot.com 20 Feb '12, 12am

Printed in TODAY paper on 20 February 2012 I APPRECIATE the Budget payout of up to S$5,000 to small companies to offset hi...

5 Call Tracking Insights You Wish You Had

5 Call Tracking Insights You Wish You Had

searchenginejournal.com 16 Feb '12, 7pm

The data that I analyze in Google Analytics drives a lot of the decisions I make (are you in the same boat?). One report t...

'Senior group homes' allow seniors to live inde...

todayonline.com 19 Feb '12, 9pm

SINGAPORE - Instead of being admitted to a nursing home, seniors who live alone may look forward to ageing with greater di...

NAHB Research Center Announces 2012 EnergyValue...

nahbrc.com 18 Feb '12, 4am

ABOUT THE NAHB RESEARCH CENTER: The NAHB Research Center, located in Upper Marlboro, Md., promotes innovation in housing t...

Living Homes Launches Prefabricated Zero-Energy C6 Home:

Living Homes Launches Prefabricated Zero-Energy...

greenbuildingelements.com 17 Feb '12, 9pm

The C6 was inspired by the modern homes built by developer Joe Eichler throughout California in the 1950s and 1960s. Like ...

Silver Housing Bonus "impractical": Lina Chiam

Silver Housing Bonus "impractical": Lina Chiam

channelnewsasia.com 28 Feb '12, 11am

SINGAPORE: Non-Constituency Member of Parliament, Lina Chiam questioned the use of the Silver Housing Bonus, calling it "i...

These five sustainable homes show that high-per...

ecohomemagazine.com 28 Feb '12, 5pm

The design team sought to achieve LEED-Silver using relatively standard building practices, materials, and systems with a ...

PAP have turned public housing into private hou...

An article by A Chan in the TOC is the manifestation of so much exasperation over stupid housing policies that have made o...

More stories on the move of EH Global to Singap...

straitstimes.com 21 Feb '12, 12am

Lights at Marina Bay were switched off or dimmed for an hour on March 26 last year in support of the Earth Hour movement. ...

Sold: Adelina Pang, Classical Feng Shui for Tod...

secondhandbooks.com.sg 29 Feb '12, 12pm

Greetings. Welcome to inside&out , a bookshopselling a variety of books at unbelievable prices! And be sure not to miss ou...