HDB presents a range of housing alternatives and techniques tailored to meet the requires of elderly Singaporeans. By far the most notable selection is The 2-Room Flexi Scheme, which delivers seniors aged fifty five and above the choice of purchasing a short-lease flat ranging from fifteen to forty five decades, so long as it covers them right up until at least age 95. This allows them to use the sale proceeds from their existing flat to dietary supplement their retirement desires. In addition to this, the Community Care Apartments are designed for seniors aged 65 and above, integrating housing with care solutions and senior-friendly design and style functions like get bars and slip-resistant flooring. To help you seniors monetize their Homes, strategies like the Lease Buyback Scheme permit them to promote a portion of their flat's lease back to HDB, while the Silver Housing Reward presents a hard cash grant of nearly $forty,000 for many who appropriate-measurement to some smaller sized flat website and leading up their CPF Retirement Account.