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I am interested to buy a resale HDB 3/4bedroom for rental once I hit 35 in 6months time. When should I start sourcing?
Min 35years old to qualify, what other things should I take note of? Intend to rent out once bought, will continue living with parents.
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8 Answers

Hi,
You have to fulfilled the 5 years MOP then is allow to rent out the whole unit.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Hi,

To sublet the whole unit and rent out, you can only do that after staying here for 5 years physically and fulfilled the MOP. However you can rent out the rooms immediately so long as you stay in the flat.

Alternatively you can purchase private property where you can rent out the whole unit immediately for rental yields. Thanks and hope to assist with your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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(Client's Testimonials) Read More
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YT Tan (陈永达)
Good morning buyer,

As you cant ink on the option to purchase until you reach 35 years old, best time to start househunting will be around 1 month before it.

But do take note that you can only rent out your whole unit after fulfilling 5 years minimum occupation period.

Alternatively you can consider to ask your parents to stay with you in the new flat and rent out their unit which is perfectly legal assuming they had fulfilled the MOP.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More
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Hi buyer,

You could start hunting for units 1,2 months before your birthday; as for renting out the whole unit, you can only do it after 5 years of staying there.

You might want to consider renting out your parents' place and letting them stay with you; otherwise you can buy a private unit right away and rent it out immediately.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More
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Afternoon,

You can start to work on your financing with bank around 2 to 3 weeks before your birthday. If you are getting HDB loan, you can only apply for HLE on your birth date. Based on HDB ruling, you are required to fulfill the MOP requirement before you can rent out the entire unit.

Do contact me further for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi Sir/Mdm,

You may only sign the option to purchase after you turn 35. In the meantime, it will be good to work out your finances so that you will be able to budget and shortlist the areas that are within your budget.

If you wish to rent the rooms out, it is recommend that you look for a unit which is near MRT or major bus stops so that it will be easier to attract tenants. The house should also be move in condition so that you can save and minimise on the renovation cost.

Please feel free to contact me so that I can assist you further!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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Hey

recently helped a few friends who turned 35 to get their property. Give me a call and we can discuss how I can best help you and advice you on the options?

Angie, Orangetee.com
 94778617  Read More
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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Professional

Your parent can only lease out whole unit upon MOP fulfilled. Where you interested to explore, will be advise to start house hunting 2 weeks before 35 years old. Housing loan capped is a must to obtain first.

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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