The Parenthood Priority Scheme (PPS) is a priority scheme introduced by the Housing & Development Board (HDB) in Singapore to help young couples with children or who are expecting a child to get their flat more easily. The scheme is specifically designed to provide support to first-timer married couples who are setting up a new family.
The PPS offers eligible applicants an additional ballot chance to increase their chances of securing a Build-To-Order (BTO) flat or a Sale of Balance Flats (SBF) unit. Additionally, up to 30% of BTO flats and 50% of SBF flats are reserved for PPS applicants, making it easier for them to find a suitable home.
Eligibility Criteria for PPS
- First-Time Buyers: Both you and your spouse must be first-time buyers. This means that you should not have owned or have disposed of any housing type in Singapore or overseas, and have not received any form of housing subsidy in Singapore.
- Family Nucleus: You should be forming a family nucleus with your spouse and children. This means that you are applying together with your spouse and your child or children.
- Citizen Child: You must have a Singapore Citizen child aged 18 years and below. The child must be a natural offspring from your legal marriage or legally adopted. For adoptive parents, you must have the legal Adoption Order for the child.
- Expecting a Child: If you are expecting a child, you can also apply for the PPS. A doctor’s certification of the pregnancy will be required as evidence.
- Limit on Priority Schemes: While PPS applicants can also apply for other priority schemes like the Married Child Priority Scheme (MCPS) or Third Child Priority Scheme (TCPS), they can only receive priority for up to two schemes.
Changes to PPS from August 2023
Starting from the August 2023 BTO sales exercise, the Parenthood Priority Scheme will be expanded to include FT(PMC) applicants and will be renamed as Family and Parenthood Priority Scheme (FPPS). The flat allocation will also be increased to up to 40% and 60% in BTO and SBF exercises respectively. This change aims to provide better support to families with children and make it easier for them to own a home in Singapore. Read the press release.
Benefits of Parenthood Priority Scheme
The Parenthood Priority Scheme provides several benefits to eligible applicants. Firstly, it offers an additional ballot chance for BTO flats or SBF units, making it easier for them to secure a home. Secondly, it reserves up to 30% of BTO flats and 50% of SBF units for PPS applicants, providing them with a better chance of finding a suitable home.
Moreover, by expanding the scheme to include FT(PMC) applicants, the government is making it easier for families with children to own a home in Singapore. This change will also provide an opportunity for more young couples to enter the property market and build their future.
Benefits of PPS on Singapore’s Housing Market
The Parenthood Priority Scheme is a well-designed priority scheme that provides support to young couples with children or who are expecting a child to own a home in Singapore. With the upcoming changes to the scheme, it is expected to provide even better support to families and help more young couples enter the property market.
If you are a first-time buyer with a child or who is expecting a child, you should consider applying for the Parenthood Priority Scheme to increase your chances of securing a suitable home. With the government’s support, owning a home in Singapore can become a reality
Can’t Wait for Your BTO? Learn How Parenthood Provisional Housing Scheme (PPHS) Can Help Ease Your Impatience
If you have already applied for a flat under the Built-To-Order (BTO) scheme, the waiting period before your flat is ready may range from three to six years. This extended wait can be challenging, particularly if you and your spouse are keen on moving in together and starting a new phase in life, especially if you have a baby on the way.
The good news is that Housing & Development Board (HDB) offers a solution to this problem in the form of the Parenthood Provisional Housing Scheme (PPHS). The PPHS provides rental flats at below-market rates to families who require interim accommodation while they wait for the completion of their new HDB flats. Initially designed for young couples with children, the scheme has been extended over the years to include divorced or widowed parents with children.
The majority of flats allocated under PPHS come from older housing estates, as they are primarily Selective En-bloc Redevelopment Scheme (SERS) flats. However, HDB has recently announced that it will increase the supply of PPHS flats by an additional 800 units, almost doubling the existing 840 flats, effective from August 3, 2021.