WebJul 8, 2024 · The occupancy cap for 2-room flats (assuming you’ve met the MOP and can rent out the whole unit) is four persons. The minimum lease for HDB flats is six months. For a private property. You’re free to rent out from the moment the property receives the Temporary Occupancy Permit (TOP). WebRenting Out a Flat/ Bedroom. Flats sold under the Home Ownership Scheme are meant for you and your family to live in. However, you can rent out your flat or bedrooms if you meet the eligibility conditions.
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WebAug 13, 2024 · LinkedIn. The Minister for National Development has clarified that the HDB occupancy cap for renting out flats does not apply to family members live in the same HDB unit. The Minister said this in responding to a parliamentary question of whether there is a limit to the number of occupants for HDB’s rental flats; and if the Ministry has plans ... WebJan 31, 2024 · 127. Jan 27, 2024. #3. There is no restriction on who can stay over in the flat, as long as not illegal immigrants, criminals and using it for vice activities which you should not want to get involved in. You can still rent out rooms, just not the entire flat during MOP. However, you make it sound like it will be a longer term stay over for free... greenland rare earth mining
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WebSep 10, 2013 · HDB can impose a fine or even compulsory acquisition of the flat and guests can be evicted. Private home owners can be fined up to $200,000 by URA or jailed for … WebOct 28, 2012 · Only bedrooms from HDB flats that are 3-room or larger can be rented out. Flat owners are required to seek HDB’s approval before renting out their bedroom(s). … WebJun 5, 2024 · A simple room rental agreement can be made by the principal tenant to ensure a good relationship between himself and the person who will be renting. The main purpose of this agreement is to encourage synchronization of what to expect as well as the responsibilities of both parties by making things clear through a written contract. Another ... greenland rare earth minerals stock