Guide To HDB Silver Housing Bonus Scheme, And How It Can Help You (Or Your Parents) With Retirement
The Silver Housing Bonus (SHB) scheme provides elderly Singapore households with a cash bonus when they right-size to a 3-room or smaller flat, which can be bought either from HDB or the resale market. How Does The Silver Housing Bonus (SHB) Work? To qualify for SHB, each senior citizen household is required to make a top-up […]
Most Common Scams in Singapore In 2024 – How Singaporeans Can Protect Themselves
When something is too good to be true, be extremely wary. The sophistication, persistence and ingenuity of scam artists ensures they are a constant threat on multiple fronts, even to individuals who think they know better. Despite the numerous anti-scam methods implemented by the Singapore Police Force (SPF) over the years, the number of scams […]
Why It May Be Easier To Afford A Regular Condominium Than An EC Today
Executive Condominiums (ECs) were introduced in 1995 to “satisfy the demands of those who aspire to own private property but cannot afford to do so”, in the words of then Prime Minister Goh Chok Tong. 30 years on, there’s no denying that the scheme has been a major success. Besides just offering an opportunity to […]
4 Multi Generation Family-Owned Singapore Companies That Are Listed On The SGX
Singapore is often hailed as an economic miracle of the 20th century with many businesses that emerged during its early years of independence in the 1960s and 1970s continue thriving today. Notably, several of these are family-run companies that have grown in size over the decades, expanding their interests and becoming successful listed companies in […]
6 Investments In Singapore That Provide Guaranteed Principal And Returns
Against the backdrop of simmering geopolitical uncertainties and increasingly volatile market, investors may prefer exposure to guaranteed investments. When investing in products that claim to pay guaranteed returns, you need to weed out the potential scams – i.e. investments that sound too good to be true. You can refer to the MAS Investor Alert List, which provides […]
Guide To Government Subsidies For Slip-Resistant Tiles, Grab Bars & Ramps Under The HDB Enhancement For Active Seniors (EASE) Programme
In order to support an ageing population and allow seniors to continue living comfortably and safely in their HDB flats, government schemes are available for homeowners to tap for improving the user-friendliness of their homes, such as installing grab handles, slip-resistant tiles, and even ramps for wheelchair users. Under the Enhancement for Active Seniors (EASE) programme, homeowners can claim up to 95% […]
CPF Special Account (SA) Shielding Hack Loophole Was For Members 55 & Above: What This Means & What Are The Alternatives?
This article was sponsored by Great Eastern Singapore. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research, and is purely for informational purposes and should not be relied upon as financial advice. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are […]
Complete Guide To Your CPF MediSave Account (MA) – And What You Can Use It For
Our CPF MediSave Account follows us from cradle to grave. Singaporean babies get their MediSave Account (MA) when they are born, and they receive an accompanying $5,000 MediSave Grant for Newborns. This is effective from 1 April 2025, and is an increase of $1,000. At the opposite end of the spectrum, the government also regularly disburses […]
15 Commemorative Coins In Singapore And How Much Do They Cost Today
The coin collector community in Singapore has been consistent throughout the years, partly thanks to the establishment of the Singapore Mint in 1968. After more than five consistent decades of minting coins for collectors locally and abroad, it has certainly entrenched itself as the provider of legitimate and credible coins of value. Over the years, […]
11 Joint Savings Accounts To Open With Your Spouse Or Parents
Having a joint account does not only revolve around couples. Any individuals in an agreement can open a joint account together. In Singapore, there are two main types of joint accounts – joint-alternate and joint-all accounts. In summary, joint-alternate account allows both parties to use the savings independently, but a joint-all account requires both parties […]
