Daily Briefing: HDB receives more than 5,000 Proximity Housing Grant applicants; Why most Singaporeans don't feel rich

And here are five best places in Singapore where you can learn to bake.

The Housing and Development Board's Proximity Housing Grant has received a very encouraging response as 5,217 households applied for the scheme, which involves a total grant of $100.8m. Out of this amount, $82.6 million was offered to 4,315 households, while the rest will be disbursed after the completion of resale transactions. Read more here.

Even if Singaporeans are some of the world's wealthiest people, but just on paper. In a recent report, it was revealed that the average household wealth in Singapore is $394,000. Here's why Singaporeans don't really feel rich.

There are plenty of hipster cafes in Singapore but not all of them produce food and desserts that taste as good as they look. Click here to get to know 5 best places in Singapore to brush up your skills in baking.