Asked by Anonymous
I have 2 elderly aunties in their 70s who recently sold their private property and looking to downgrade and buy a resale HDB flat . After buying a resale flat ,I understand they can sell back part of the HDB lease to HDB as they have no children and in their 70s so they probably only need 25-30 years in this resale flat . As Im not familiar with the rules my question is can they sell back part of the lease ? How much of it can they sell back ? When is soonest they can sell back the lease to HDB upon buying the resale flat ?
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