7 Answers

askguru expert
Hi Anonymous, thanks for writing to us on AskGuru.

You can choose to either stay in both properties if you have the financial means. However, why not consider renting out your HDB and live in your condominium?

This is because eligible flat owners are who also owners of a private property are allowed to stay in their private property and sublet their HDB flat. However, prior approval from HDB is needed prior to subletting.

If you are thinking of doing so, you must meet all of HDB's eligibility conditions such as its 5-year Minimum Occupation Period (MOP), non-citizen quota for renting out your flat and so on. You can refer to HDB's link here: https://www.hdb.gov.sg/cs/infoweb/residential/renting-out-a-flat-bedroom/renting-out-your-flat

Do note that owners of resale HDB flats purchased from the open market without a CPF Housing Grant and who have occupied their flats for at least 3 years are allowed to sublet their whole flat. Owners of HDB flats purchased directly from HDB or the open market with CPF Housing Grant and who have occupied their flats fr at least 5 years are allowed to sublet their whole flat. You must pay a one-time administrative charge of $20 when applying for your subletting approval. You are not allowed to lock-up one room and sublet the remaining rooms while staying elsewhere. Doing so is a serious infringement of HDB's rules.

You must also abide by HDB's rules and regulations. For example, you can only rent out your flat for at least 6 months. If you are renting out your unit to all Singaporean or Malaysian tenants, you are allowed a maximum period of 3 years per application. For an application involving non-Malaysian non-citizens, the maximum rental period per approval is 2 years. There are also limits imposed on the maximum number of tenants. For the full list, you may refer to HDB's link here: https://www.hdb.gov.sg/cs/infoweb/residential/renting-a-flat/renting-from-the-open-market/regulations-for-renting-out-your-flat

Once you have received HDB's approval, you must log in to your HDB's account using your SingPass to register your tenants.

As a flat owner subletting your flat, you must ensure the following:
1. Ensuring the eligible status of the sub-tenants.
2. Ensuring no over-crowding and adhering by the ratio of sub-tenants per flat type.
3. Ensuring that the sub-tenants have entered and are remaining in Singapore lawfully at all times throughout the entire duration of the sub-letting agreement.
4. Prohibiting sub-tenants against further renting it out to flat to another tenant.
5. Informing the Comptroller of Property Tax for the subletting and HDB of any changes in subletting.
6. Reoccupying the flats and ensuring the sub-tenants vacate the premises when the lease ends or when sub-letting is no longer permitted by HDB.
7. Surrendering the flat in the event that HDB repossesses it.

Once you rent out your HDB flat, you will not be eligible for the Service & Conservancy Charge (S&CC) rebate extended as part of the GST offset package for low-income households throughout the subletting period.

Do also note when you rent out your entire flat, you will need to pay higher property tax. Non-owner-occupied HDB flats are taxed at 10% of their Annual Values (AVs) as their AVs do not exceed $30,000. For more information, please refer to IRAS's link here: https://www.iras.gov.sg/irashome/Property/Property-owners/Learning-the-basics/Essential-Property-Tax-Information-for-HDB-Flat-Owners/

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More


Ivan Ng

As long as you are SC and have met the MOP of 5 years, you can purchase private condo and keep both HDB & condo. You could choose to rent out either HDB or condo, or not rent out any. Its up to you.

Thanks and may I assist with your investment plans further? Hope to discuss again.

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

Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More


YT Tan (陈永达)
Good evening buyer,

As long as your household has at least one Singaporean, you are eligible to purchase a private property and hold on to current HDB.

You can have the choice to rent out either one or not to do so.

Hope my explanation helps!

If you need further assistance or advice in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
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
(W): www.propertyavenue.com.sg Read More


Nick Tan
Dear Sir/Mdm,

If you own a HDB and a condo, you can rent out either one or stay in both properties.

In my opinion, I would suggest that you live in the condo to enjoy the lifestyle living while renting out your HDB. HDB rental yields are much higher as compared to a condo. By renting out your HDB, you will also be able to enjoy a positive cash flow every month after deducting the mortgage!

Please feel free to contact me at 9644 4854 to discuss further!

Nick Tan
(M) +65 9644 4854
(E) nicktan@propertyavenue.com.sg
(W) www.nick-tan.com / www.propertyavenue.com.sg

Testimonial from Satisfied Clients (2015)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.

We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“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.”
Susana (Buyer of HDB)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought through Nick) Read More


Aaron Chong
Hi, yes it is flexible. You could choose to stay in both properties and not to rent out any at all.

9730 8455
aaronchong2774@yahoo.com.sg Read More


CK Ang
You can rent out either HDB or condo, or leave it for own stay. Fyi, property tax will be depends on whether is for own stay.

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


Tricia Tan 陈丽子
Hi Owner
If you decide to keep your hdb and buy a condo, you will be subject to absd for your second property.
You can rent out either one of the unit.
Lets discuss in details offline from here.
Tricia Tan
91442664 Read More