The Lease Buyback Scheme allows you to sell part of your flat’s lease of at least 20 years to HDB. You can choose to retain the length of the lease based on the age of the youngest owner.
You may refer to HDB's link here: https://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/for-our-seniors/monetising-your-flat-for-retirement/lease-buyback-scheme
Hope this answers your question.
Team PropertyGuru Read More
Yes your son has the option to stay till the end of the lease or give back the flat to HDB. Do contact ke at 93375051 for a free and non obligatory discussions on this.
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