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Budget 2023: First-time families to receive more support to purchase flats

Felicia Tan
Felicia Tan • 1 min read
Budget 2023: First-time families to receive more support to purchase flats
The move comes in a bid to support young couples better and help them realise their housing aspirations. Photo: Bloomberg
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First-time families will receive more support to purchase their Housing and Development Board (HDB) flats, whether it’s a build-to-order (BTO) or a resale flat, announced Finance Minister Lawrence Wong at the Budget 2023.

The move comes in a bid to support young couples better and help them realise their housing aspirations.

While the HDB has already set aside a bulk of BTO flats for first-time families, this is a “wide range”, notes Wong.

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