Sales Volume of Lease Buyback Scheme Flats and Breakdown of Average Remaining Lease by Flat Type

Ms Gho Sze Kee asked the Minister for National Development regarding the Lease Buyback Scheme (a) how many flats have been sold to the HDB since the launch of the Lease Buyback Scheme; and (b) what is the average remaining portion of the leases of these flats, broken down by flat type.

The Lease Buyback Scheme (LBS) enables eligible senior homeowners to monetise their flats by selling a portion of the remaining lease to the Housing and Development Board, while they continue to age-in-place. As of end-2025, around 16,000 households have participated in LBS since the scheme was launched on 1 March 2009.

Under LBS, homeowners must retain a lease that can last the youngest owner till at least age 95, providing a home for life. The years of lease retained varies based on the homeowners' ages at the point of LBS and also their individual circumstances and generally fell within the range of 15 to 35 years.