Although the term sounds technical, the short-lease HDB 2-room Flexi flat in 2024 is simply a compact, purpose-built home designed for seniors and smaller households who want affordability, flexibility, and low-maintenance living.
A compact, purpose-built home for seniors and smaller households seeking affordable, flexible, low-maintenance living
It offers 15- to 45-year leases in five-year steps, as long as the lease lasts until the youngest buyer is 95, which helps match housing to life stage. Most applicants choose 30 to 45 years, with the 40-year term the clear favorite. Very few pick 15 years—just 298 out of more than 20,000 seniors by mid-2024.
Buyers must pay the full price upfront using cash or CPF. There is no HDB loan for leases under 60 years, and the flats cannot be resold or rented, which keeps the scheme focused on occupation. If circumstances change, owners may return the flat to HDB and receive a refund of the remaining lease value.
Eligibility is wider than many expect. Seniors aged 55 and above book the majority of units, but singles, couples, and small families can apply. Singles are able to buy in all estates from the second half of 2024.
The minimum age is 35 for singles, and 21 for single parents. Younger buyers who want a 2-room Flexi from HDB must take a 99-year lease instead of a short one. For those who prize certainty, that’s a simple rule of thumb.
Price points are intentionally gentle on budgets. In June 2024, a 15-year lease started from about $32,000 in Woodlands and $70,000 in Queenstown. Meanwhile, 99-year versions in the same towns started from roughly $94,000 and $209,000.
Nearly all short-lease units fall below $200,000, and non-mature estates typically stay under $100,000.
Essential fittings—built-in cabinets, hob and hood, water heater, and bathroom aids—can trim renovation costs. Layouts of 36 to 46 square meters keep things compact yet functional.
Seniors receive more built-ins by default, whereas other buyers enjoy greater freedom to customize.
Supply is steady and application rates are moderate. Downsizers can liberate equity, aided by the Silver Housing Bonus of up to $30,000. About 71% of bookings are for two-room flexi flats. Unlike property decoupling strategies that can lead to inheritance disputes, the straightforward ownership structure of these flats simplifies estate planning for seniors.
