Monetising Your Flat For Retirement

There are various housing monetisation options available to help you unlock the value of your HDB flat, to supplement your retirement needs.

	What it is about	Benefits
Right-sizing with Silver Housing Bonus	You can apply for the Silver Housing Bonus (SHB) if you are buying 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 $30,000 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 $30,000 cash Continue to live in your current flat

Find out how families in different situations decide on the monetisation option that best suits their needs through our video clips in different languages (English/Chinese/Malay/Tamil and various dialects) here.

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