Key policy changes at a glance

HOUSING

Buyers' income ceiling to be raised to $12,000 for Housing Board flats, $14,000 for executive condominiums

Household income ceiling to quality for the Special CPF Housing Grant to rise to $8,500, covering two-thirds of all households; maximum grant now doubled to $40,000

Fresh Start Housing Scheme to help second-timer rental households buy another flat

EDUCATION

New centralised campus for the Singapore Institute of Technology in Punggol; its yearly intake to rise to 3,500 by 2020

Campus to be integrated with a JTC creative industry cluster

Government to provide financial support to strengthen teaching of subjects like mathematics and science in madrasahs

SENIORS

Re-employment age to be raised from 65 to 67 years by 2017

MARRIAGE & PARENTHOOD

Proximity Housing Grant for those buying resale flats with or near their parents, or near their married children

Baby Bonus to be increased and given out for every child, not just the first four

Medisave grant for newborns to be raised to cover MediShield Life premiums for the child until age 21

Paternity leave to go up to two weeks

This article was first published on Aug 24, 2015.
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