Lease Buyback Scheme

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf government housing scheme
gptkbp:appliesTo HDB flats
gptkbp:benefit CPF Life top-up
lump sum cash
gptkbp:country gptkb:Singapore
gptkbp:eligibility flat must be 4-room or smaller (as of 2015, extended to all flat types)
all owners must be Singapore citizens
at least one owner aged 65 and above
flat must have at least 20 years lease remaining
https://www.w3.org/2000/01/rdf-schema#label Lease Buyback Scheme
gptkbp:implementedIn gptkb:Housing_&_Development_Board
gptkbp:introducedIn 2009
gptkbp:mechanismOfAction sell part of flat lease to government
gptkbp:purpose provide retirement income
gptkbp:relatedTo gptkb:Silver_Support_Scheme
gptkb:HDB
CPF Life
gptkbp:targetAudience elderly homeowners
gptkbp:updated 2015
2019
gptkbp:website https://www.hdb.gov.sg/cs/infoweb/housing-for-seniors/lease-buyback-scheme
gptkbp:bfsParent gptkb:Housing_&_Development_Board
gptkbp:bfsLayer 6