Hi Rachel,
Flat owners who wish to sublet their flats must meet a 3 or 5-year Minimum Occupation Period (MOP) as follows:
3 years
- Non-subsidised flat (flat purchased from the open market without a CPF housing grant) and the application to buy the flat was received by HDB before 30 Aug 2010.
5 years
- Non-subsidised flat (flat purchased from the open market without a CPF housing grant) and the application to buy the flat was received by HDB on or after 30 Aug 2010.
- Subsidised flat (flat purchased directly from HDB or from the open market with a CPF housing grant)
*Applications for subletting of flats by flat owners who are Singapore Permanent Residents (SPRs) may be granted if it is their first application after meeting the subletting MOP. Their subsequent applications (including renewal applications) will be considered on a case-by-case basis and approval may be granted only if there are extenuating circumstances. The total subletting period for the SPR owners’ entire tenure of flat ownership must not exceed 5 years.
In this case, if you have not received any CPF Housing Grant when you bought your HDB flat from the Open Market on Oct 2009, you are Eligible to rent out your entire unit and upgrade & stay in Pte Property.
Feel free to contact me as below if you have any queries or need further assistance.
Thanks and with warmest regards
Ethan Ang
C&H Properties Pte Ltd
97690125
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