Are you planning your parents’ retirement income?
Or are you worried that you won’t be able to hit your CPF Full Retirement Sum by the time you turn 55? I still am…
You might have heard of the HDB Buyback Lease Scheme, but don’t know how it can complement the above scenarios?
Well, we’re here to help!
The HDB Lease Buyback Scheme allows flat owners to increase their retirement income by monetising their flat.
Eligible flat owners who choose to take up the LBS are able to choose the length of the lease they wish to retain, based on the age of the youngest owner.
TL;DR – The Ultimate Guide To HDB Lease Buyback SchemeBefore you start plotting to use the HDB Lease Buyback Scheme to beef up your retirement income, you’ll first have to hit the eligibility conditions:
All flat owners must meet the eligibility age,...
