There's no precise public info on a "hdb lease buyback plan 880 29". The figures possible confer with a selected address or scenario, but such information are not publicly disclosed. The HDB Lease Buyback Scheme (LBS) can be a program that permits qualified seniors to provide a portion of their flat's lease back to HDB in exchange for the hard cash bonus 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 aged, and the household's gross month-to-month revenue have to not exceed S$14,000. The flat need to also have at the very least 20 years of lease remaining to promote back to HDB and all proprietors should have fulfilled the Minimal Occupation Interval (MOP) of 5 years. The proceeds with the sale are utilized to top rated up the proprietor's CPF Retirement check here Account (RA), that's then accustomed to be a part of CPF Lifestyle to provide a lifelong monthly payout. Contributors may get a income bonus of up to S£30,000.