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Hi, I am a Singapore PR living in Singapore for the past 12 years. I bought a HDB house 8 yrs back from open market through Bank loan. Now I want to give that flat for rent and buy a condo. Is that possible? As per the terms I can give my HDB for rent but Am I allowed to buy a condo? Do I need to take a approval from HDB for the same? Thanks. Thomas
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1 Answer

Yian Tay
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Hi there Paulson,

you do not need approval from HDB to purchase a private condo. However after purchasing the condo, you may continue to stay in your HDB flat or choose to rent out your HDB flat as you have fulfilled the minimum occupation period.

You will need approval to rent out your whole HDB flat. There is a small admin fee, and you are only allowed to rent to approved tenants.

I would be able to advise you further on how to go about doing this.

You may contact me at 81003493  . or email me at yiantay@hot-property.sg

You are not obligated to use my services, as my consultation is complimentary.

Cheers,
Yian Tay
ERA Realty
Mobile: 81003493 
email: yiantay@hot-property.sg Read More
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