Lease Buyback Scheme – Is LBS Suitable For You?

Video description from @alanweeproperty

Lease Buyback Scheme – Is LBS Suitable For You?

Lease Buyback Scheme or LBS for short. Is an initiative by HDB to monetize your flat to receive a stream of income for your retirement years, while continuing to live in it. I will discuss what is LBS, the pros and the cons, and use one example to illustrate my point.

In addition, I will share my personal opinion on this scheme.

Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
youtube.com/@alanweeproperty
FB: www.facebook.com/AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.

References:
https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/for-our-seniors/monetising-your-flat-for-retirement/lease-buyback-scheme/how-it-works
https://www.cpf.gov.sg/member/infohub/educational-resources/what-is-the-cpf-retirement-sum
www.hdb.gov.sg