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Financial

1. Public Rental Scheme (Age 21 or 35 above depending on schemes)

A scheme that allows you to rent a flat as a family or a single.

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2. Silver Housing Bonus (SHB)

A cash bonus of up to $20,000 when you sell your existing house to buy a smaller flat type and use some of the net sale proceeds to top up your CPF Retirement Account (RA) and join CPF LIFE.

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3. Senior Priority Scheme (SPS)

A priority scheme that improves your chances in the computer ballot for a new HDB flat.

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4. Lease Buyback Scheme

A scheme for you to sell part of your flat’s lease term to HDB and obtain proceeds to top up your CPF retirement account.

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5. 2-Room Flexi Scheme

A scheme where you can buy a 2-room flat with a shorter lease term. (Formerly known as Studio Apartments for Elderly)

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6. Enhancement for Active Seniors (EASE)

A programme where you can install items at subsidised rates to make your home more elder-friendly, and improve mobility and comfort for elderly residents.

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