There is no distinct public information on a "hdb lease buyback plan 880 29". The quantities very likely refer to a certain handle or case, but these particulars are certainly not publicly disclosed. The HDB Lease Buyback Plan (LBS) is really a method which allows eligible seniors to market a percentage of their flat's lease again to HDB in Trade to get a funds reward and a CPF best-up to boost their retirement profits. To generally be eligible, a minimum of one particular operator needs to be a Singapore Citizen, all owners has to be at the least sixty five yrs aged, as well as household's gross month-to-month revenue have to not exceed S$14,000. The flat need to also have at the very least 20 years of lease remaining to promote back to HDB and all hdb lease buyback scheme 880 29 proprietors will need to have fulfilled the Bare minimum Occupation Period (MOP) of 5 years. The proceeds from the sale are utilized to major up the operator's CPF Retirement Account (RA), and that is then accustomed to be part of CPF Daily life to supply a lifelong month-to-month payout. Participants can also get a dollars reward of around S$thirty,000.