You can rent out your flat or bedrooms to generate income for your retirement needs. Find out what eligibility conditions you need to fulfil in order to qualify for renting out your flat.
If you* wish to rent out your flat, you are required to fulfil the Minimum Occupation Period (MOP) of 5 years. If your flat is non-subsidised (purchased from the open market without a Housing Grant) and purchased before 30 August 2010, the MOP is 3 years.
The MOP is computed from the date of purchase of the flat if you are the original purchaser. If there was a resale of part-share or transfer of flat ownership, the MOP is computed from the effective date of the resale of part-share/transfer of flat ownership, or the date the owner was included as an authorised occupier of the flat.
You may print HDB’s confirmation of your eligibility to rent out your flat by logging in with your Singpass at ‘My HDBPage’ > My Flat > Purchased Flat - Renting Out > Renting Out of Flat.
If you wish to rent out your flat to any non-Malaysian NCs*, do take note that your application will be subject to the NC quota for renting out of flat.
* This refers to Singapore Permanent Residents and foreigners.
Find out more about the eligibility terms and conditions on renting out your flat.
As the owner of a 3-room or bigger flat, you may rent out your spare bedrooms after obtaining approval from HDB. However, you must:
inform HDB of any subsequent changes of any tenants’ particulars or when any of their tenants move out of the flat within 7 days of the occurrence. For inclusion of new proposed tenants, flat owners must obtain HDB’s approval before their new tenants may move into the flat
Find out more about the eligibility terms and conditions on renting out your bedrooms.
If you wish to transfer the flat ownership without monetary consideration, or pursuant to Court Order, start by finding out the eligibility criteria and types of transfers you can perform.