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Hi, our 5 room HDB flat has 71 years lease left. It is fully paid. Is it possible to top up our Full Retirement account by using leaseback scheme? We have a second property which is rented out.
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9 Answers

Hi, appreciate your sharing. For lease buy back have to check with HDB via HDB feedback write in and check

https://services2.hdb.gov.sg/webapp/BF12AWFeedback/BF12SFrontController?service=ServiceFeedback&operation=createFeedback

Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
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YT Tan (陈永达)
Good afternoon Sir/ Mdm,

your existing rental unit is a private property or commercial property?

If it's a private property, you wont be eligible under lease buyback scheme.

Extracted from link below:
No concurrent ownership of another private residential property, and no more than one non-residential private property

https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/for-our-seniors/monetising-your-flat-for-retirement/lease-buyback-scheme

Best regards,

YT Tan
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https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/for-our-seniors/monetising-your-flat-for-retirement/lease-buyback-scheme

You can read up more from here...

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Hi

If your 2nd property is a residential private property, you will not be eligible for Lease Buyback Scheme for the HDB.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
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Good day to you,

HDB owners who do not own a second residential property can apply for Lease Buy Back Scheme.

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1. Is your current rental property a **private residential** or **commercial** property?
2. If it's a **private residential property**, you won't qualify for the **Lease Buyback Scheme**.
3. The scheme requires that you do not own other private properties and only one non-residential property.

As Winston Churchill once said, "To improve is to change; to be perfect is to change often." Adapt your plans as you go forward.
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Hi Do contact me at 97970200  to understand more and discuss your options.

Mark, your RIGHT choice
Propnex Read More
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Tan Pei Cheng (Pei)
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director Read More
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