HDB offers a range of housing choices and strategies personalized to fulfill the requirements of elderly Singaporeans. The most well known solution is The 2-Room Flexi Scheme, which gives seniors aged 55 and earlier mentioned the selection of buying a brief-lease flat starting from fifteen to forty five years, so long as it addresses them right up until not less than age ninety five. This permits them to utilize the sale proceeds from their present flat to supplement their retirement needs. Along with this, the Neighborhood Care Apartments are designed for seniors aged 65 and above, integrating housing with care services and senior-friendly design features like seize bars and slip-resistant flooring. That will help seniors monetize their Attributes, techniques including the Lease Buyback Plan enable them to market a portion of their flat's lease back to HDB, while the Silver Housing Reward delivers a dollars grant of approximately $40,000 for those who right-size to the scaled-down flat and prime click here up their CPF Retirement Account.