Thursday, March 3, 2011

housing subsidies for lower income family

http://business.asiaone.com/Business/My%2BMoney/Property/Story/A1Story20110303-266339.html

Up to $60,000 in housing subsidies for low-income families

The new Special CPF Housing Grant is meant to help low-income families buy smaller flats. -AsiaOne

Thu, Mar 03, 2011
AsiaOne

SINGAPORE - Low-income families can now look forward to more help from the Singapore government.

Minister for National Development Mah Bow Tan announced today a Special CPF Housing Grant (SHG) that will aid families that earn up to $2,250.

Meant to help low-income families buy smaller flats, this is given out to families on top of the regular housing subsidy and the Additional CPF Housing Grant (AHG).

Households whose income does not exceed $1,500 can only buy 2-room standard flats. Together with the AHG and the regular price subsidy, such families can save up to $60,000.

The Housing Development Board (HDB) said in a statement that the SHG was meant to help low-income families own a flat by reducing the housing loan they needed to take.

A family with a monthly income of $1,000 would only need to pay $160 a month to maintain a new 2-room flat after factoring in the SHG and AHG, it said.

An estimated 700 tenants currently renting flats under the Public Rental Scheme can benefit from the SHG. Priority will be given to rental tenants who are first-time buyers.

To qualify for the SHG, one of the flat-buyers must have worked continuously for at least a year before they apply to buy a flat.

The average monthly income of the household over the one-year period will be used to determine the amount of grant the household will receive.

The SHG will take effect from March 3 this year. It will be extended to those who apply to buy two and three-room flats in the current BTO exercise for Seng Kang and Bukit Panjang.

Applicants who have already applied for a flat under this BTO exercise can change their choice of flat type without paying a fresh administrative fee.

newspaper article

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_640911.html


Mar 3, 2011

More help for elderly to live in their communities

newspaper article

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_640830.html

Mar 3, 2011

No govt intervention on parental care

helping seniors stay active and healthy

Mar 3, 2011

Helping seniors stay active and healthy


EXERCISES such as brisk-walking and martial art forms qigong and taiji are already popular among the elderly, but a government committee is giving them a further boost to ensure seniors stay active and healthy.

Mr Heng Chee How, Minister of State (Prime Minister's Office), yesterday updated the House on the efforts of the Committee for Seniors for Physical Activity, which he chairs.

Some 500 brisk-walking clubs have been formed with about 90,000 participants. There are also 86 qigong clubs with 7,000 members. And close to 2,000 participants joined in a mass display during a taiji launch.

Mr Heng said the committee, with its partner organisations, has built up a pool of trainers. The Qigong Shi Ba Shi Association trained 170 instructors while the Health Promotion Board (HPB) trained 851 brisk-walking instructors. HPB and the National Parks Board also introduced 10 brisk-walking trails across all community development councils.

Mr Heng said the committee would work closely with the Manpower and Health ministries as well as unions to promote the three exercises in the workplace.

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The article demonstrates the many helping hands approach that singapore takes towards caring for the ageing population.

what price marriage and having more babies?


http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_640910.html
Mar 3, 2011

What price marriage and having more babies?