3 Answers

Good afternoon,

Based on today's ruling, you will still be required to fulfill the MOP even if you opt to pay by cash. Hence you will need to either appeal to rent out the entire unit, subjected to approval or rent out your available room while still staying in it.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0
Yes, you can rent out your newly bought resale flat regardless of whether you used CPF or a bank loan for financing. There are no restrictions on the financing method when it comes to renting out your HDB flat.

Here's a quick summary:

Loan Source Doesn't Affect Rental Eligibility: Using CPF or a bank loan for purchase doesn't impact your ability to rent out the flat.
HDB Minimum Occupation Period (MOP) Applies: You'll still need to fulfill the Minimum Occupation Period (MOP) which is typically 5 years for resale flats before renting out the entire unit. You can rent out rooms before the MOP is completed if the flat has 3 or more bedrooms.
HDB Eligibility Requirements Apply: Always ensure you meet other HDB requirements for renting out your flat, such as citizenship and flat type eligibility.
Resources for More Information:

HDB Website: https://www.hdb.gov.sg/residential/renting-out-a-flat-bedroom/renting-out-your-flat

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