AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I am currently staying at Private Condo, i have a approve HDB rental out. in the event if my HDB block have been call for enbloc.

Question: do i have to stay the new flat for another 5 years then i can rent out ?
0 •
963 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Mike Lim
Replied
Afternoon,

For your case, you might need to write into HDB and appeal for it. Under current ruling, private property owners are not allowed to apply for subsidized units within 30 months from the sales of their private property. Hence if you choose to accept the enbloc package, you will be applying for another subsidized unit. As for the rest of the story after getting the subsidized unit, you should be well informed of the requirement.

Regards
Mike Lim
 96929209 
ERA Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions