S$2b package in another attempt to boost the country's low fertility rate.
Under the Parenthood Priority Scheme, up to 30 per cent of new public flats in matured and non-matured estates will be set aside for couples with children under the age of 16.
Also new is a Parenthood Provisional Housing scheme for this group of parents, who can rent a flat from the HDB while they wait for their new flats to be ready.
The HDB will launch about 1,150 units of three-, four- and five-room flats by the end of this month which can be rented out at between S$800 and S$1,900.
The latest measures are the third round of enhancements to the Marriage and Parenthood package. It will cost the government S$2 billion a year -- higher than the S$1.6 billion in the 2008 package.
It also covers areas such as assisted reproduction, healthcare and paternity leave.