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HDB Questions

Asked by Mr. Adam Johnny 10 Nov 2013

Dear Guru, May I know, when we own a HDB and then we buy a pte pty. Does HDB allow us to rent out our HDB and stay in the Pte Pty.

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Aaron Chong · Answer 1 · 2013-11-10T14:41:37+08:00

Aaron Chong

Replied 10 Nov 2013

Hi Adam Yes, as long as you have fulfilled the MOP of staying 5 years in HDB, and after buying a condo you are eligible to rent out the HDB unit. But do note that if you are currently servicing the loan for the HDB, you will only be able to get less than 80% for the second property, and also the buyer stamp duty of 7% +3% being the second property. Pls feel free to let me know if you need any assistance. Regards Aaron 9730 8455 aaronchong2774@yahoo.com.sg Read More

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