HDB provides various housing choices and strategies personalized to meet the demands of aged Singaporeans. Essentially the most outstanding choice is the Two-Area Flexi Plan, which features seniors aged 55 and over the choice of purchasing a short-lease flat starting from fifteen to forty five decades, as long as it covers them until finally no less than age ninety five. This permits them to utilize the sale proceeds from their present flat to supplement their retirement requirements. Together with this, the Local community Care Apartments are made for seniors aged 65 and previously mentioned, integrating housing with care companies and senior-helpful more info layout capabilities like get bars and slip-resistant flooring. To help you seniors monetize their Houses, strategies like the Lease Buyback Scheme permit them to promote a portion of their flat's lease again to HDB, though the Silver Housing Reward supplies a funds grant of approximately $40,000 for those who right-size to the scaled-down flat and top rated up their CPF Retirement Account.