RES exam question on HDB Policies: CPF housing grants on a slide. He asks the audience, most of whom plan to buy near their…

At a resale-flat seminar for first-timer Singapore Citizen families, salesperson Ben puts four statements about CPF housing grants on a slide. He asks the audience, most of whom plan to buy near their parents, which of them are correct under HDB's current rules. Which of the following statements is/are correct? (i) The Enhanced CPF Housing Grant is open to eligible first-timer families buying either a BTO or a resale flat. (ii) CPF housing grants are credited to the buyer's CPF Ordinary Account and are not paid out in cash. (iii) The Proximity Housing Grant has no income ceiling; its amount turns on living with or near family. (iv) The CPF Housing (Family) Grant for resale is $80,000 for a 2- to 4-room flat and $50,000 for larger flats.

1. A(i), (ii), (iii) and (iv)
2. B(i), (ii) and (iii) only
3. C(ii) and (iv) only
4. D(i), (iii) and (iv) only