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I am currently living with my parents and elder brother in a HDB flat. My parents are the main owner. My elder brother and me are the co-owner and we are also servicing the housing loans.
Our flat is bought with no grant and the loan is from a bank.

My brother just turn 35, single, and we are looking to purchase another HDB flat. I am capable or servicing the loan myself and repay the portion my bro have paid into our current place.

Questions:
1) Do we need to wait another 3 years to rent out our current flat if my borther withdraw his name?

2) Can my brother apply for left over flat?

Thanks

Regards,
CK.