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HDB to study how more can benefit from Silver Housing Bonus

The Straits Times

|

February 13, 2023

In November 2015, HDB has offered about 46,500 two-room flexi flats.

HDB to study how more can benefit from Silver Housing Bonus

Booking exercises for about 71 per cent of these units were completed as at December 2022, while selection exercises for the remaining units are ongoing, said HDB.

Seniors aged 55 and older accounted for 58 per cent of the booked flats, while about 35 per cent were booked by singles who were not seniors, and 7 per cent by families.

Among the seniors, nine in 10 opted for short-lease two-room flexi flats, while the rest opted for 99-year leases, said HDB.

For those in short-lease flats, 40year leases were the most popular, with 30 per cent choosing them.

About 27 per cent went for 35-year leases, 17 per cent for 30-year leases, and 14 per cent for 45-year leases. The remaining 11 per cent went for 15- to 25-year leases.

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