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Currently owning a HDB 4 rm flat. Wanted to buy a condo for investment purpose. So when the new condo completed, I can rent out my HDB.

Is there any restriction in renting out my HDB and i stay in my new condo? Current flat fully paid for. Stay more than 10 years.

Thank you gurus.
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4 Answers

Hi,

Can I help you?
Do contact me via Call/SMS/email.

Best Regards,
Nick Xu
Dennis Wee Group
Mobile : 94242859 
Email: Nick@dw365team.com Read More
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Hi Teck,

You have already fulfilled your MOP and have already fully paid for your HDB, therefore you are eligible to rent out your HDB and will be eligible to loan to a maximum of 80% of valuation or purchase price of the condo you intend to purchase, whichever is lower.

If you do not mind, it will be great if you are able to share what are the aspects of property you are looking for your next purchase?

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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YT Tan (陈永达)
Hi Teck,

Like most of the fellow agents had mentioned, you are absolutely eligible to purchase a condo as your HDB had MOP. Likewise, you can loan up to 80% of your purchase as you have no outstanding loan. Downpayment will be 5% cash, 15% CPF.

There are not any restrictions in tenanting out your unit but the tenants must fulfill certain conditions before they can rent your place.

I will love to assist you in finding your next home. If you need any assistance, feel free to contact me.

Best Regards,
YT Tan
ECG Property
Mobile: 9111 5171 
Email: yt.lovelyhomes@gmail.com Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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