Elderly

Lease Buyback Scheme (LBS)

Seniors can sell part of their flat's lease back to HDB to top up CPF Retirement Account and get a cash bonus.

From Housing & Development Board (HDB)

Who can apply

• Singapore citizens

What to bring

• Singpass
• Flat ownership documents

How to apply

Seniors aged 65+ can sell part of the tail-end lease of their 2- to 5-room flat back to HDB. Proceeds top up CPF RA and a cash bonus of up to $30,000 is paid out. Apply via HDB's e-service using Singpass.

Other elderly help

• Financial Assistance Schemes & Food Vouchers
  Eurasian Association Singapore
  Provides info, referrals, financial and food aid.
• Financial Assistance
  BCARE
  Short-term aid for families in Hougang, Sengkang, Punggol.
• Community Health Assist Scheme (CHAS)
  Ministry of Health (MOH)
  Subsidies for medical and dental care at clinics.
• Merdeka Generation Package
  Ministry of Health (MOH)
  Healthcare subsidies for Merdeka Generation seniors.
• Viriya Elderly Medical Programme (VEMP)
  Viriya Community Services
  VEMP supports low-income seniors with medical needs.

You might qualify for more.

Lease Buyback Scheme (LBS) is one of 656 schemes in cancheck. Most people qualify for several. Answer 5 questions to see what else you might be eligible for.