Web Stories Thursday, November 7

FAMILY CARE SCHEME TO REPLACE CURRENT PRIORITY SCHEMES

Married couples and their parents can currently apply for a new flat under three priority schemes: the Married Child Priority Scheme (MCPS), Senior Priority Scheme (SPS), and Multi-Generation Priority Scheme (MGPS).

The MCPS applies to married children, while the SPS covers seniors who are at least 55 years old and fulfil the eligibility criteria to apply for a 2-room Flexi flat.

Under the MGPS, eligible applicants can apply for two flats in the same BTO project.

With the FCS, the new scheme that will replace the three existing ones, priority access will be offered to all parents and their children (married or single) when they apply for a new flat to live with or near each other.

The FCS will be rolled out progressively from mid-2025 and will consist of two components.

FCS (Proximity), to be implemented in mid-2025, will allow parents and their children priority access if they are applying for a new flat to live with or near each other. This will replace the MCPS and SPS.

FCS (Joint Balloting), to be introduced in end-2025, will replace the MGPS and allow parents and their children to apply for two units in the same BTO project, where there are 2-room Flexi or 3-room flats.

MND and HDB added that with the implementation of the new flat classification framework in October this year, eligible first-timer singles can now apply for new 2-room Flexi flats across Standard, Plus and Prime projects in all locations.

“This is a significant shift from before, where singles could only apply for new flats in non-mature estates,” said MND and HDB.

“Singles now have more options to choose from if they wish to buy a new flat to live near their parents, many of whom may currently be residing in older estates that were previously classified as mature estates.”

More details about the FCS will be revealed closer to its implementation date in mid-2025, said MND and HDB.

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