Lease Buyback Scheme
Lease Buyback Scheme (LBS) is a monetisation option introduced by Singapore to help elderly households in three-room or smaller flats unlock their housing equity to meet their retirement needs. It was announced by Singapore’s Minister for National Development, Mah Bow Tan, in Parliament on 6 Feb 2009, and the Housing and Development Board (HDB) has started accepting applications for LBS from 1 Mar 2009. The scheme underwent a review, following Singapore's Deputy Prime Minister and Minister for Finance and Manpower, Mr Tharman Shanmugaratnam announcement on 17 Feb 2012. The enhanced LBS was announced on 27 December 2012, under which, eligible elderly households will receive a $20,000 LBS bonus when they sell the tail-end lease of their 4-room or smaller flats to HDB and use their net procee
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Lease Buyback Scheme
Lease Buyback Scheme (LBS) is a monetisation option introduced by Singapore to help elderly households in three-room or smaller flats unlock their housing equity to meet their retirement needs. It was announced by Singapore’s Minister for National Development, Mah Bow Tan, in Parliament on 6 Feb 2009, and the Housing and Development Board (HDB) has started accepting applications for LBS from 1 Mar 2009. The scheme underwent a review, following Singapore's Deputy Prime Minister and Minister for Finance and Manpower, Mr Tharman Shanmugaratnam announcement on 17 Feb 2012. The enhanced LBS was announced on 27 December 2012, under which, eligible elderly households will receive a $20,000 LBS bonus when they sell the tail-end lease of their 4-room or smaller flats to HDB and use their net procee
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Lease Buyback Scheme (LBS) is ...... ons available are shown below:
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21,904,546
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719,991,018
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Lease Buyback Scheme (LBS) is ...... o HDB and use their net procee
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Lease Buyback Scheme
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