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Residential

Monetising Your Flat For Retirement

You can unlock the value of your HDB flat to supplement your retirement needs. Here are the various housing monetisation options available:

  What it is about Benefits
Right-sizing with Silver Housing Bonus You can apply for the Silver Housing Bonus (SHB) if you are right-sizing from a larger flat to a 3-room or smaller flat.
  • Receive lifelong monthly income through CPF LIFE and keep any balance proceeds after CPF top-up as cash
  • Receive SHB of up to $20,000 cash
Renting Out Your Flat If you have alternative accommodation (e.g. staying with your children), you can rent out your flat.
  • Receive rental income
Renting Out Your Spare Bedroom

If you wish to continue living in your flat, you can choose to rent out your spare bedroom(s).

  • Receive rental income
  • Continue to live in your current flat
Lease Buyback Scheme You can sell the tail-end of your flat’s lease to HDB through the Lease Buyback Scheme (LBS) and receive an LBS bonus.
  • Receive lifelong monthly income through CPF LIFE and keep any balance proceeds after CPF top-up as cash
  • Receive LBS bonus of up to $20,000 cash
  • Continue to live in your current flat

You can find out more about the various monetisation options and their eligibility through the following links: