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Hi,

Can anyone please tell me if I want to rent out my whole flat and have already fulfill the MOP, and have submitted the application to HDB,

1) what kind of taxes wpuld I be subjected to pay?

2)what is the rate of the taxes that I would have to pay?

3) Would I still enjoy the rebates and subsidies that the government gives eg conservancy rebates?

Thank you
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2 Answers

Hi Mr C,

As for the taxes - as owner you are to pay your property tax. (Normal property tax would cost you $100+ but if you rent out your unit you shld be paying appx $600 - $800 depending on the rental rate)

You will not enjoy conservancy rebates if you rent out your whole unit.

Pls feel free to contact me shld you need further assistance.

Thanks / Regards,

Ivy Lim
Mobile: 92211879  Read More
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