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World Infromation / Blog : No.10291 : To rent out your whole flat:
In Reply to: SG Singapore Home Property Questions and Answers posted by Property Agents on June 22, 2007 at 00:06:12:
*New from HDB or bought a resale flat with a housing grant from CPF: You must have occupied your flat for at least 5 years.
(For resale flats bought before 30 Aug 2010, the minimum occupation period is 3 years)
If you are a permanent resident: Your application may be granted if it is your first application after reaching the minimum occupation period of your flat. Subsequent applications (including renewals) will be considered on a case-by-case basis. The total subletting period for your entire tenure of flat ownership must not exceed 5 years.
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Current Rule
Previously, both SC and SPR flat owners are allowed to sublet their flat after meeting the MOP. The approval is granted for a maximum of 3 years per application. Owners can apply to renew the period of subletting upon the expiry of each 3-year period, with no cap on the number of renewals and the total period of subletting.
Revised Rule
Under the revised rule, SPR flat owners will be allowed to sublet their flat after meeting the MOP, if they have not sublet the flat before. The approval will be granted for 1 year only, instead of 3 years. Upon expiry of the 1-year period, the application to extend the approval will be assessed on a case-by-case basis and approval will be granted only if there are extenuating reasons. The total period of subletting during the flat owners' entire duration of the flat ownership is capped at 5 years.
There will be no change to the subletting rules for flat owners who are Singapore citizens.