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Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, you may like to direct the questions back to the HDB branch office alright.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good day to you,

Based on the inquiry, HDB acquired the unit upon your sister's demise hence the unit was bought under Silver Housing Bonus. The unused lease balance amount will be paid out based on what is indicated within the Grant of Probate or Letter of Administration.

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Regards
Mike Lim
 96929209 
R026708F
m52i@yahoo.com
ERA Read More

Hi there,

I'm sorry to hear about your loss. Here’s how it works for 2-room Flexi flats under the 40-year scheme:

- When HDB takes back the unit, it will assess the flat's price based on HDB's valuation process.
- The flat will not be sold at an open market price, as 2-room Flexi flats are under special terms.
- The amount refunded is typically pro-rated according to the number of years remaining on the lease.

Thank you, and I hope this helps clarify things for you.

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Dear sir/mdm,

Sorry to hear about your loss. For HDB 2room flexi lease, it cannot be sold in the open market. Return of short-lease 2-room Flexi flats
A short-lease 2-room Flexi flat cannot be sold in the open market. The flat must be returned to HDB. after which they will then pay you the value of the unused portion of the lease when you return the short-lease 2-room Flexi flat.

You can read up more at https://www.hdb.gov.sg/residential/buying-a-flat/finding-a-flat/types-of-flats/Short-lease-2-room-Flexi-Flat.

For further questions, I believe HDB will be able to assist more since agents do not handle such cases. Read More

Here’s how the process works for 2-room Flexi flats within the 40-year scheme:

1. **Valuation by HDB:** When HDB reclaims the unit, it will evaluate the flat's worth using its own valuation method.

2. **Special Pricing Terms:** The flat will not be sold at market rates, as 2-room Flexi flats are governed by unique conditions.

3. **Refund Calculation:** The refund amount is usually calculated on a pro-rated basis, depending on how many years are left on the lease.

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