You will need to be physically occupying the HDB flat and fulfil the 5-year Minimum Occupation Period (MOP) before you are allowed to rent out your flat.
You may refer to HDB's link here: https://www.hdb.gov.sg/cs/infoweb/residential/renting-out-a-flat-bedroom/renting-out-your-flat/eligibility
Hope this answers your question.
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1) Under HDB rules, you cannot rent out the whole unit during MOP.
2) You may rent out a room or rooms during MOP dependent on the type of flat you are buying. You have to keep 1 room for your own stay.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636, or email: email@example.com if more information is needed.
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