HDB offers various housing choices and strategies personalized to meet the wants of aged Singaporeans. Probably the most distinguished option is the Two-Space Flexi Plan, which presents seniors aged fifty five and over the choice of purchasing a short-lease flat ranging from fifteen to forty five yrs, 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. As well as this, the Local community Care Apartments are made for seniors aged 65 and previously mentioned, integrating housing with care companies and senior-helpful layout capabilities like get click here 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 delivers a dollars grant of as many as $40,000 for individuals who correct-dimension to a smaller flat and major up their CPF Retirement Account.