There isn't any precise public info on a "hdb lease buyback plan 880 29". The numbers possible confer with a selected deal with or scenario, but such information are not publicly disclosed. The HDB Lease Buyback Scheme (LBS) can be a application that permits qualified seniors to offer a percentage of their flat's lease back to HDB in exchange for the hard cash reward along with a CPF prime-up to spice up their retirement money. To become eligible, at the least a person operator must be a Singapore Citizen, all proprietors have to be no less than sixty five decades old, and also the family's gross regular monthly cash flow ought to not exceed S£fourteen,000. The flat ought to even have no less than twenty years of lease remaining to offer back again to HDB more info and all house owners need to have fulfilled the Least Profession Time period (MOP) of five years. The proceeds in the sale are used to leading up the owner's CPF Retirement Account (RA), which is then utilized to sign up for CPF Lifetime to offer a lifelong regular monthly payout. Individuals also can receive a cash reward of as many as S$30,000.