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.
• Community Health Assist Scheme (CHAS)
  Ministry of Health (MOH)
  Subsidies for medical and dental care at clinics.
• 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.

You might qualify for more.

Silver Housing Bonus (SHB) is one of 656 schemes in cancheck. Most people qualify for several. Answer 5 questions to see what else you might be eligible for.