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Enhanced lease buyback scheme for HDB flats well received: Khaw

MND reviewing studio, 2-room flat schemes to address some unhappiness over differences

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Published Fri, Jun 12, 2015 · 09:50 PM

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    Singapore

    THE latest enhancements to the Lease Buyback Scheme (LBS), which took effect from April 2015, have been "well received", said Minister for National Development Khaw Boon Wan in a blog entry on Friday.

    "Over two months, 450 households applied for LBS. If all are successful, this will be a 50 per cent increase over the 965 households currently participating under LBS," Mr Khaw said.

    Khaw Boon WanMinistry of National Development

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