Financial support is the main way to help people who want to get a resale Housing Board flat near their parents, said experts.
This could mean giving a higher resale grant, or allowing more buyers to qualify for it.
As part of efforts to encourage extended families to live close together, the Government is studying whether such resale buyers can get more help, National Development Minister Khaw Boon Wan said last Friday.
Currently, there is the Higher-Tier CPF Housing Grant for first-timers who are buying a resale flat with, or close to, parents or married children.
Source: www.straitstimes.com
