Regardless resale flat or BTO, all buyers will need to fulfil the Minimum Occupation Period of 5 years which during this period, owners are not allowed to rent out the whole house. Rental of rooms are allowed and current owner must also be residing in the house.
Do note that if anyone suggests to you that you can lock up one room and rent out the whole unit, this suggestion is actually against HDB rules. HDB do conduct checks on houses and sometimes complains from neighbours will also attract checks from HDB.
Hope this answers your question. Cheers!
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Unfortunately no, you need to met the Minimum Occupation Period of 5 years before you can rent out the HDB. There is no such ruling for private property.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
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I will be glad to assist
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You will need to fulfill the 5-year MOP of the resale flat before you can rent out the whole flat.
You could however choose to rent out some of the bedrooms, while you are occupying the unit at the same time.
I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.
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