The Business Times
business-time-50
SUBSCRIBERS

Lease buyback now open to all HDB flats; liquidity boost for older resale flats

google-preferred-sourceAdd BT as a preferred source
Published Mon, Aug 20, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

ELDERLY owners in all Housing Board flats - including those in five-room units or executive maisonettes - can now sell a part of their lease to the Government and use that income to fund their retirement years.

Previously, the Lease Buyback Scheme (LBS) was restricted to those living in four-room or smaller flats.

HDB

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

The yen weakened to a low of 125.33 yen per Singdollar on April 13, before recovering slightly to about 124.91 on April 15.

Singaporeans can now buy record amount of yen per Singdollar

Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

Beijing’s calculated silence on the Iran war 

US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

With the move, Ensign InfoSecurity will be reclassified as an associated company of StarHub, rather than a subsidiary.

StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More