Income ceiling for BTO flats to be raised from S$14,000 to S$16,000, more ballot chances for family with children

Singapore's Prime Minister Lee Hsien Loong announced a raised income ceiling for BTO flats from S$14,000 to S$16,000 during the National Day Rally. This change aims to support lower to upper-middle income families in purchasing subsidised HDB flats. The current ceiling for singles is S$7,000. The income limit for purchasing a resale flat on the open market with the CPF Housing Grant or obtaining an HDB housing loan for a new or resale flat will also be raised to S$16,000.

For Executive Condos (ECs), the income ceiling is set to increase from S$16,000 to S$18,000. The revised income ceilings will apply to new units in ECs with land sale tenders closing dates on or after August 24, 2026. The changes will benefit Singaporeans who are marrying later and earning higher incomes, with first-timer families applying for a new flat receiving an additional ballot chance for each child, aged 18 and below.

This initiative aims to help growing families secure a home sooner. The next BTO sales exercise will be held in November 2026, giving potential buyers more time to review their housing plans and apply for an HFE letter under the revised income limits.