Elderly

Silver Housing Bonus (SHB)

Up to $30,000 cash bonus for seniors who right-size to a 3-room or smaller flat and top up CPF Retirement Account.

From Housing & Development Board (HDB)

Who can apply

• Singapore citizens

What to bring

• Singpass
• Flat transaction documents

How to apply

For Singaporean owners aged 55+ who sell a larger flat and buy a 3-room or smaller HDB. A portion of sale proceeds tops up CPF RA and the remainder is paid as a cash bonus (up to $30,000).

Other elderly help

• Financial Assistance Schemes & Food Vouchers
  Eurasian Association Singapore
  Provides info, referrals, financial and food aid.
• Financial Assistance
  BCARE
  Short-term aid for families in Hougang, Sengkang, Punggol.
• Merdeka Generation Package
  Ministry of Health (MOH)
  Healthcare subsidies for Merdeka Generation seniors.
• Viriya Elderly Medical Programme (VEMP)
  Viriya Community Services
  VEMP supports low-income seniors with medical needs.
• Senior Day Care Subsidy
  Singapore Indian Development Association (SINDA)
  Subsidy for Indian seniors' day care fees.

You might qualify for more.

Silver Housing Bonus (SHB) is one of 675 schemes in cancheck. Most people qualify for several. Answer a few quick questions to see what else you might be eligible for.