Proportion of flats under Married Child Priority Scheme cannot be increased, says MND

The Govt allocates a significant percentage of apartments– almost one over three out of all-new flats in matured neighbourhood– for the MCPS, reported the Ministry of National Development in Parliament on Tuesday 27Jul.

The ministry considers the value pertaining to attending to the wishes in reference to wedded children plus parents that wish to lodge with or near to one another for dependent supervision as well as back up.

The Florence Residences condominium

” Married Child Priority Scheme gives concern to households procuring latest HDB flats to lodge with or in close proximity to their moms and dads or wedded children. Within the MCPS, Thirtypercent out of the brand new flat stockpile in the mature community is alloted for 1st timer family units. With regard to 2nd timer family members, it is 3%,” Ministry of National Development claimed.

In addition to Married Child Priority Scheme, the Govt has definitely furthermore established other systems aimed at aiding dependent care and assistance out of family members. These include the Multi-Gen Priority Scheme, SPS also 3Gen flats.

” Among our constrained apartment inventory, we in addition need to fulfill the real estate wishes coming from some other class of Singaporeans, incorporating 1st timer family units with children with the PPS, and also households having 3 or more youngsters through the Third Child Priority Scheme,” reported MND.

” For that reason, we are not capable to amplify the fraction of apartments reserved underneath the Married Child Priority Scheme at this juncture.”

On this, the ministry prompted apartment buyers that intend to live with or near their children or moms and dads to consider buying a secondhand apartment, and even avail of the Proximity Housing Grant of as much as $30,000.

The ministry drafted the sentence in reaction to MP Tin Pei Ling’s point on whether or not the volume of apartments under MCPS can be expanded for BTO properties in developed estates.

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