Reader:

Parents in late 60s considering whether to go for lease buy back on their HDB flat (42 yr old flat) or leave it to children.

Lease buy back so that parents can increase current monthly pocket money and thus lessen burden. Parents are more inclined to stay in flat.

Though selling entire flat can fully monetise the value of the flat, but given that it is already 42 yr old flat, waiting another 10 to 15 year likely will see a drop in property price in the current peak market condition. Plus Singapore is a developed n aging economy, gone are the days of more 200% price increase in property prices.

Lease buy back or wait later to sell?

Your very honest self talk would be much appreciated here, please…