how to rent out hdb flat without agent

Buying an HDB resale flat without an agent can definitely be done swiftly while you save thousands of dollars from your pocket on agent fees. You will also be able to interact and negotiate with the buyer face-to-face and choose how to market your flat. Start your landlord journey HERE! Do let me know the details of the flat. Private HDB Furnished Air con. In addition, when the potential tenants see that there is competition, they are willing to pay more. Find out and determine how much your flat or spare room can fetch in the current market conditions. Looking for a rental HDB in Singapore? Take photos of your HDB and advertise your HDB rental to potential tenants through free platforms such as forums or even Carousell! Let us bring tenants to you. Marsiling 3 rm flat hdb approved for rent. This is your guide to sell your HDB flat in simple to follow steps that will save you paying the extra 2% commission fee. Sell your HDB flat on your own without paying agent fee here. But, if the LOI and Good Faith Deposit was skipped, collect a Security Deposit of about 1 to 3 months worth of rent. 2. Tiong Bahru - Hipsterish area with a bustling cafe and bar scene, the area is also near the CBD and city core. DETERMINE WHO CAN BE YOUR TENANTS. Or if they declare both going overseas, but in reality one stay back and stay with parent, then rent out the HDB flat… Commercial Properties For Rent Renting out your HDB or bedroom is really no rocket science – anyone can do it! You cannot currently own an HDB flat, or already be renting one. Tip: Here is the list of sites for you to find out if your tenant's documents are valid: a. NRIC, Student Pass or Long Term Social Visit Pass. Tip: Make sure that the photos are attractive and be as detailed as possible in your description. Taking into account the housing grants and down payment, the remaining $215,500 can be financed via the HDB Housing Loan. Who hasn’t dreamt of simply sitting back and having wads of money roll in? Here are some handy templates you can use to create your own Tenancy Agreement. If your rent is more than 14 days late, you could be liable for a default fee. HDB for Rent BEDOK 129: WHOLE UNIT FOR RENT, $2,400. You must notify HDB within 7 days of the date of the lease. Given that you own a private property, if the HDB you inherited was purchased on or after 30th August 2010 by the owner, you can only keep one property – either the HDB flat (provided you’re eligible to own one) or the private property. The e-Service can also be accessed via the HDB Map Services. To get a good picture of what rental rates should be, HDB provides a quarterly statistical report on median rents by location and HDB flat size; or, you can even search for recent rental rates of individual HDB flats by block number.. Yes! Applications to rent out bedrooms can be submitted online via HDB’s e-services. you can rent out to that tenant. Check with HDB’s e-service to make sure the quota hasn’t been hit i.e. CHECK WHETHER IF YOU HAVE FULFILLED THE CONDITIONS FOR RENTING OUT YOUR HDB. Contracts made by minors under 21 years old are not binding by Singapore law. An administrative fee is payable with each application, at $10 per bedroom. To rent out the whole flat, make sure you satisfy the condition of a three- or five-year Minimum Occupation Period (MOP). You should pass all the HDB and mailbox keys to your tenant. STEP 1. You are now officially an HDB Landlord. Shophouses for Rent Tip: Generally speaking, it’s recommended that you spend no more than 30 per cent of your income on housing. Singaporeans can save thousands of dollars when they buy an HDB resale flat without an agent. Here is how you can sell your HDB without engaging an agent. Alas, you’ve gotten to the most crucial step in the entire rental process: getting the Tenancy Agreement signed. Next, you have to get it stamped. Log on to the HDB portal to make the application. If all goes well, you’re now ready to get a buyer! Meet the MOP of 3 or 5 years. Do you think it is worth to pay ABSD for second property (condo) and keep the first property (HDB) for a rental income? Tip: You get to keep the good faith deposit should the would-be tenant decides to back out on the officer after the LOI is signed. . Check whether if […] With your rental deal now sealed in black and white, your tenant can finally proceed with the move. Cosy home for rent at Marine Parade! In other words, you may rent out your flat and/or bedrooms only if there are less than six owners and/or authorized occupiers staying in your flat. Search our latest listings for real estate & HDB for rent in Singapore. Things to Consider Before Selling Your HDB Flat Whole Unit - Choa Chu Kang. Securing your rental flat 5. conditions set out in this Agreement. If you are contemplating to rent out your spare room or even lease out the entire HDB flat, you have come to the right place! Whole Unit - Tanjong Pagar. It is actually very easy to D.I.Y without much hassle! Start drafting a proper Tenancy Agreement and get back to the tenant within the agreed period stated in the LOI (usually about 3 days). HANDOVER AND MONITOR FOR LATE OR DEFAULT RENTAL PAYMENT. This necessary expense is borne by your tenant and can be paid by logging on to the IRAS website or taking the Tenancy Agreement to any Service Bureau. Persons who wish to rent HDB flats must not be holders of invalid employment, S passes, work permits, student, dependent or long-term social visit passes. Well, we can always start small – if you own a spare room or unit in Singapore, this straightforward 10-step guide covers all you need to know about renting out your HDB. While that does mean incurring Additional Buyers Stamp Duty (ABSD), there are merits to doing so. $2,500. The outcome of the application will be made known immediately. You must rent an HDB flat/ bedroom for at least 6 months. Distance from transport nodes & amenities. 2 years for non-Malaysian non-citizen tenants (Singapore Permanent Residents and foreigners), STEP 3. You will also be able to interact and negotiate with the buyer face-to-face and choose how to market your flat. Most landlords will only include this clause for a lease longer than a year. 2. a. CTRL + SPACE for auto-complete. So here is how to do rent out your HDB flat in 9 easy steps! A verbal agreement between you and your almost tenant might seem comforting. If you want to rent out your entire HDB flat, you need to be a Singaporean Citizen and fulfil your MOP (typically five years). The application for the utility can be done at the Singapore Power. We tell you more about the HDB resale flat process, financial options and loans for HDB resale, where to buy a HDB resale flat, and what to look out … Book Service. TOP TIPS FOR RENTING OUT YOUR HOUSE. You may have heard about the home seller who saved over S$10,000 when she sold her family’s 4-room HDB flat through a newly launched app. When you sell without an agent, you’ve got all the freedom to make your own decisions. It’s a legal contract that requires the signature of both parties, and as the landlord, you will be responsible for drafting the Tenancy Agreement. Search our latest listings for real estate & HDB for rent in Singapore. The Singapore Permanent Resident flat owners are only allowed to lease out the spare room. (Log in with your SingPass and go to: My Flat > Purchased Flat - Renting Out of Flat). The 5 years MOP excludes the time it was rented out, as well as any other time you didn’t occupy it – if HDB knows about it. Tenants tend to be pretty price sensitive, so it’s essential to do your research about current market rates. Here goes…). When some advice and support are needed, they were readily given. Exceptions are made if you are: Divorced/ legally separated. Whole Unit - Jurong East. This quota does not apply to the renting out of bedrooms. This article was first published in Renonation. *NO LANDLORD, NO AGENT FEES ⭐ ♦️Newly renovated. Office For Rent. However, do note that the price reduction is not a direct proportion of the reduction in the lease. Do I need a property agent to rent out my HDB flat? And the most effective way to do is that by using online freelance agents. STEP 8. Free to Contact. Search our latest listings for real estate & 2 Rooms HDB Flat for rent in Singapore. Tenancy agreement signed, stamp duty paid and security deposit received? Indicate how your unit is different from others; such as windy unblocked, park or sea view, newly renovated, a corner unit or if the unit is located on a high floor. DRAFT AND SIGN THE TENANCY AGREEMENT (TA) WITH THE INVENTORY LIST. Mature vs non-mature estates in Singapore: Which is better? Free, easy, pretty solid platform. Yes, checks aside, a formal application with HDB is still needed to proceed with the rental. Advertise your flat on the Internet, newspapers, or through an estate agent. Include nearby transportation facilities such as MRT, LRT or bus interchange, shopping malls, hawker centres, 24 hours supermarkets and more. Learn more about HDB selling timeline. Eligibility and restrictions 4. Free to Contact. Searching for and viewing HDB flats for rent 1. Include in the types of kitchen appliances and furniture which you are including for rental too. Note: Work permit holders from the construction, manufacturing, marine, and process sectors must be Malaysians and that tourists are not allowed as tenants! The property tax will be revised when you rent out your HDB flat. Common Room @Blk 613 woodlands Ave 4 with A/C, WiFi. STEP 5. The e-Service can also be accessed via the HDB Map Services. Upon successful application, you will need to pay an application fee of $20 through the portal. With a 9% agent commission, you would lose $40.50 per week. Within a day of me putting up my apartment for rental and paying the fee to DirectHome, my apartment was posted on 5 popular property websites with an proxy agent fronting the advert. It is actually very easy to D.I.Y without much hassle! If the prospective tenant explicitly backs out on the decision to rent after signing the Letter of Intent, you will be able to keep the full Good Faith Deposit. Private HDB Furnished Air con. Looking for a rental HDB in Singapore? If you want to rent out a single bedroom, though, you can do that as long as you’re a citizen or PR. Our agent will meet you at your flat. HDB will notify you of your eligibility of sale within 7 days of your sale intent registration. Looking for a rental 2 Rooms HDB Flat in Singapore? By doing so you avoid paying an agent’s expensive commissions and fees and get more out of the sale of your flat. And don’t underestimate the benefits of renting out, even if it’s just a spare bedroom – a HDB room rental fetches an average of $800 a month on Carousell! Zheng Yanhui(Alex) Replied Dec 9, 2016. The Security Deposit acts as your safeguard and will be used to pay for any damages or non-payment of rent by the tenant. Include a clause to clarify that your tenant will need to end his lease prematurely uncompensated should this happen. Sell your HDB flat with Ohmyhome agent service. You may rent out bedrooms without HDB’s prior approval only if your flat is 3-room or larger. To check if the flat can be rent out to all or only Singaporeans/Malaysians Only Singapore Citizen's flat owners can rent out the entire flat. $400 each, 2 in a room, 3 rooms. Set your asking price. Congratulations! Free to Contact. Simply follow the fields in the form: And don’t just state the details, help potential tenants make sense of your location and facilities and highlight the charms of living in your rental home. You may use our e-Service to check if an HDB flat can be rented by non-Malaysian non-citizens. Sep 17, 2019 - If you are contemplating to rent out your spare room or even lease out the entire HDB flat, you have come to the right place! For how much stamp duty your tenant has to pay, see the calculation example below: For a lease period of 24 months and a monthly rent of $700: The Rental Stamp Duty technically has to be paid before signing the tenancy agreement but this usually never happens for practical reasons. Tip: When writing the description of your HDB flat, don’t contain all your text in one giant block. The tenant has to prove that the rental stamp study has been paid by providing you a copy of the original certificate of stamp duty. This document is a formal offer to rent your property from your would-be tenant. Whole Unit - Tanjong Pagar. . Once you are sure, get a printed confirmation of your eligibility to rent out your flat or bedroom from the MyHDB page (Log in with your SingPass details and navigate to “My Flat > Purchased Flat – Renting Out Flat”). While there are many regulations like HDB rent quota and HDB rent rules to take note of, these should not deter you from renting a HDB! Our guide will show you how in 8 easy steps. $2,800. These passes must have a validity period of at least 6 months. The Rental Stamp Duty is a tax on the Tenancy Agreement and is 0.4% of the total rent across the whole lease period. A HDB Tenancy Agreement is made up of 3 parts: your (the landlord) particulars, the tenant’s particulars, and the lease details (be sure to include all house rules to be safe). Schedule a call . Free to Contact. Find out how we can sell your home fast! If you don’t like our faces, listen to our fortnightly podcast E-Junkies where we lepak one corner with famous people, Your daily good stuff - AsiaOne stories delivered straight to your inbox, AsiaOne Online Pte Ltd. Company Registration No. Private HDB. Breaking them up into short sentences with bullet points to make it reader-friendly. Let's say you rent out a unit for $450 a week. HDB for Sale (This is the part where we shamelessly use our own platform as an example. This will subsequently be used to pay the first rental month or be used as the security deposit once the TA is signed. Assuming you’re renting out an HDB flat and not a private property, HDB stipulates that there’s a maximum of six occupants allowed in a three-room flat or bigger. Private HDB Furnished. What is “En Bloc Potential” (And Does Your House Have Any)? Whole house rental wanted. To get a good benchmark on prices, you can: Here are the main factors that determine the rental price of your home: Other secondary factors that will also impact the rental price of your property include: So the price is settled. By doing so you avoid paying an agent’s expensive commissions and fees and get more out of the sale of your flat. Rent your Property Without an Agent. For more details, refer to the HDB's press release here. Wait a minute, I thought I’ve already checked my flat and tenant’s eligibility with HDB? If you need to buy a larger flat, expect to pay double this amount. 0. Condominiums for Rent Put your HDB flat up for sale online. You may have heard about the home seller who saved over S$10,000 when she sold her family’s 4-room HDB flat through a newly launched app. Invite your prospective tenant to view your room or unit. 3 RM HDB with Utility Room for rent . Book an Agent. So you’re listing your home for rent on Carousell, because why not? Definitely easier than hustling for that pay raise. Being a DIY landlord doesn’t have to be difficult and can save you a fortune in fees. ECs for Sale For a HDB room rental, your HDB flat needs to be 3-rooms or larger: Tip: No cheating the system! You must apply for HDB’s approval if renting out the entire flat. b. Enhanced with a database of over 175,000 active users and smart technology tools, you can count on us to find the right buyers and close the deal. However, do note that the price reduction is not a direct proportion of the reduction in the lease. But don’t think you can just rent it out for 5 years and then try to sell it after that. For example, if a 2-room 99 years lease flat is selling at $110,000, a 40 years lease for the same flat bought from HDB … In the case of a 4-room flat in Choa Chu Kang, assuming that the young couple took up an HDB Housing Loan, they will need to pay a 10% down payment of $29,500. First thing first, unless you don’t have good tenants, you can’t even think of renting out your property. We hope our guide has helped you gain confidence to DIY the renting out of your HDB flat or bedroom. Tip: If your tenant is under the age of 21, a legal guardian will need to sign the Tenancy Agreement on his or her behalf. Housing schemes and grants available to finance the purchase of the flat are extended only to Singapore Citizen (SC) households. For this step, you will need all of your tenant’s particulars. Can the tenant renew before the lease is up. So talk to them and advertise your property over leading advertisement sites online. The eligibility criteria differs depending on whether you’re renting out the whole flat or just the bedroom(s). The Ultimate HDB Rental Guide 2018 (Part 1) - Property Blog ... 5 of the oldest but most convenient HDB estates to rent a ... HDB Room Rental Average Prices (2020): A Rental Guide. How to search for HDB flats for rent 2. Keep the HDB flat 1.2 HDB’s Approval and Terms & Conditions In accordance with the approval granted by the Housing & Development Board (“HDB”) for the Landlord to rent out the flat, the Landlord is required to ensure that all the tenants observe and Try to "batch" as many potential tenants together for the viewings to minimise the trips for viewings. If you’re wondering how you can get similar savings, but are intimidated by the thought of handling the … Also, you will have to deal with other issues, such as potential disputes with the tenant and handling rental negotiations once the lease is up. By this point, you’ve probably already asked for these details, but it doesn’t hurt to conduct a final background check on their eligibility. Landlord’s guide: How to rent out your HDB flat in Singapore, Collect Letter of Intent and Good Faith Deposit (optional), Sign a Tenancy Agreement Form and collect payment of Security Deposit, Settle the Tenant inspection and handover, Landlord’s Guide: Tips for Finding the Best Tenant for Your Rental, Tenancy Agreement template for the HDB whole unit rental, Tenancy Agreement template for HDB room rentals. It takes only 5 minutes to walk to the subway station. If you are the one who changed your mind about renting to the tenant, then you have to return the full Good Faith Deposit to the tenant. Rent Out Fast. Turn the good faith deposit as the security deposit and get the advance rental of 1 month from the tenant. 176 Ang Mo Kio Avenue 4 Room with air-con for rent - Single ($650);Couple Sharing ($800) - No Owner / No A gent Fees - Fully Furnished / Natural Sunlight / Condo View - Rental covers utility cost, maintenance and air-con cleaning, - WIFI, heater, refridgerator, washing machine, electric kettle and living room furniture are free for use. ALSO READ: How to rent out your HDB flat without an agent in 9 easy steps. Landed Properties for Sale, PROPERTIES FOR RENT Take this opportunity to find out more about his or her personality and lifestyle. Learn how to find buyers for your HDB flat without a house agent and save on the middle man 2% commission fee. Whole Unit - Bedok. Private HDB ... $2,500. Hand over the keys of your property over to your new tenant! If your tenant has previously paid you a good faith deposit, you can turn this into a Security Deposit upon the signing of the Tenancy Agreement. For late payments exceeding 3 months, a penalty of $25 or 4 times of the duty payable, whichever is greater, will be imposed. What You Are Losing Out on by Buying an HDB Resale Flat Without a Property Agent. Private HDB Furnished Air con. Here is how you can sell your HDB without engaging an agent. Note: The non-citizen quota does not apply to the rental of bedrooms. STEP 2. Asked by Anonymous Dec 8, 2016 • 952 views 7 Answers. How to rent a HDB flat/room on your own? you can use our elegant property search tool to find the right 1-room flat, 2-room flat, 3-room flat, 4-room flat, 5-room flat, jumbo HDB, executive apartment, maisonette HDB, multi-generation HDB and HDB terrace for rent with detailed information, including maps and photos. The next step in your HDB rental is to decide on your asking price. DIY Landlord: How to rent out your property without an agent Here's how you can save on real estate agent fees by leasing and managing your investment property on your own. Collect a copy of their NRIC or work permit (non-citizens have to be holders of Employment Passes, S Passes, Work Permits, Student Passes, Dependant Passes, or Long-Term Social Visit Passes) and check these documents with the ICA iEnquiry system. Singaporeans can save thousands of dollars when they buy an HDB resale flat without an agent. Signed the Tenancy Agreement? only switching on the air-conditioning at night), Number of people sharing the unit or room, If you’re renting out the common bedroom, whether the tenant gets sole use of the common toilet (effectively en suite), Registered occupier NRIC/passport number(s), Monthly rent amount and its mode of payment, Who pays for the utilities and phone bills, Who maintains the air-conditioner and minor repairs, When the landlord can start property viewings as the lease is approaching its end, Agreement that landlord continues to pay property tax and insurance, What is the interest payable for late rental payments. This amount is usually 1 month of rent and will be used to pay the first month of rent or converted into a Security Deposit upon signing of the actual tenancy agreement. $2,700. Looking for a rental 2 Rooms HDB Flat in Singapore? Proceed to get the TA signed by you and the would-be tenant, in the presence of a witness. When your property is nearing the end of its 99-year lease, an en-bloc may take place. 49 HDBs for rent in Singapore, no agent fee. Tip: The security deposit is meant to pay for any damages or when the tenant defaults on the rental payment. For inclusion of new proposed tenants, flat owners must obtain HDB’s approval before their new tenants may move into the flat. When you sell your HDB flat without an agent, you will save on the two per cent commission. Our experienced agents, customer care team and data experts will ensure that renting out your HDB flat is seamless and worry-free. After that, I will receive numerous news from the proxy agent about interested parties and I can reach out to them directly. 10 December 2020. 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. $2,888. 5 min to Admiralty MRT and Woodlands MRT , Air-co nditioned room, WiFi available., Light cooking, Fully furnished room, We are Indian couples with kids, Room available from 01-Jan-2021,Rent $700 for single pax, Utility shared ,Working Professional welcome, Min 1 year lease. Aside from the TA, you need to list down the list of fixtures (ceiling lights, air con etc) and furnishings (sofa, appliances etc) that is to be handed over to the tenant in the inventory list. Next, it’s time to advertise your HDB rental to potential tenants. If the HDB flat was originally purchased on or after 30th August 2010 , then you would have to sell one of the two properties . In this case, only 1 party can rent an HDB flat from another flat owner; An owner who is eligible to rent out your whole flat. To make a formal offer, you can issue a Letter of Intent (LOI) and obtain a good faith deposit from the would-be tenant to secure the unit. Tip: A demand note will be issued when the payment of Stamp Duty is not made by the due date. Both you and the potential tenant have come to a reasonable agreement on the rent price and terms and things are starting to crystalise. Write CSS OR LESS and hit save. How to get the best rental rate 3. HDB flats, single room rental, non-small compartments, newly renovated high-rise, near subway convenience, Address: BLK130 Bukit Merah View, near Tiong Bahru MRT Station, the mature area is convenient and comfortable, and the location is excellent. Within a day of me putting up my apartment for rental and paying the fee to DirectHome, my apartment was posted on 5 popular property websites with an proxy agent fronting the advert. This applies to a situation where they are let go from their job in Singapore or get transferred out of the country. Ohmyhome believes that transacting properties must be simple and transparent. PROPERTIES FOR SALE You can contact me at 9273 6096. Things to Consider Before Selling Your HDB Flat Payment terms: Payment is due upon Completion Date. So let’s say the viewing went great! Simply select the town (or you can specify your search down to the block number) and the period you’re searching for (looking at places renting out in the past 6 months to a year will give you a good gauge of price. If the HDB flat was purchased before 30th August 2010, then you can keep both the properties – the private residential property and the inherited HDB. It goes without saying that the shorter the lease, the cheaper the flat would be. Whole Unit - Tiong Bahru. 0. Once you have signed on the Letter of Intent and received the Good Faith Deposit, you’ll have to stop advertising your property to other prospective tenants. Hi , I will be glad to assist you. With a verified database of tenants and innovative technology features, you can count on us to find the perfect tenant and rent out your property fast. Posted on May 28, 2020. However, you will be able to search and see all the properties, see agent contact details and contact them offline on your own. Want an idiot-proof way to make sure that your tenant is indeed eligible? Whole Unit - Bedok. STEP 7. AsiaOne: How to rent out your HDB flat without an agent in 9 easy steps. 3 RM HDB with Utility Room for rent . You have to return the rest of the security deposit at the end of the lease. To accept the LOI, the would-be tenant must pay the good faith deposit of 1 month of rent. $2,800. No Agent Fee! Searching for Tenants First thing first, unless you don’t have good tenants, you can’t even think of renting out your property. After that, I will receive numerous news from the proxy agent about interested parties and I can reach out … You can also discuss your ground rules. Step 1. $2,888. Once you seal the deal, you’re free to enjoy your rental income! But don’t worry here we have some golden DIY tips for you to rent your house without an agent. Only originally constructed bedrooms by HDB can be rented out and other parts of the flat including partitioned rooms cannot be given to tenants. Whole house rental wanted. Private HDB Furnished. Private HDB. Whole Unit - Woodlands. Just this evening, the Housing & Development Board announced that new rules will apply to HDB flat owners looking to sublet their whole flat. Whole Unit - … With whole unit rentals, it’s a little stricter – only Singapore Citizens are allowed to rent out their whole flat. 5 min to Admiralty MRT and Woodlands MRT , Air-co nditioned room, WiFi available., Light cooking, Fully furnished room, We are Indian couples with kids, Room available from 01-Jan-2021,Rent $700 for single pax, Utility shared ,Working Professional welcome, Min 1 year lease. Tip: To accommodate to a large request for viewings, you can save time by scheduling an open house so that all the viewings can be done in a day. Updated the How to Rent guidance. Renting in Singapore: What should your budget be? You can register the rental online and update registration details at My HDBPage (log in using your SingPass and go to: My Flat > Purchased Flat > Renting Out) via the following e-Services: Commencement of renting out bedrooms; Termination … Whole Unit - Katong. Here’s How You Can Sell Your HDB Flat Without a Housing Agent. Tip: Here is the HDB e-Service to check the non-citizen quota. STEP 9. If you’re thinking about letting out your home, there are a number of important factors to consider before putting it up for rent. For the applicable property tax rate and the procedure to notify IRAS, please refer to IRAS website. Apartments for Rent Remember to include the size, the number of bedrooms, bathrooms and whether if the kitchen is an open kitchen. Especially if the tenant will be living with you, you’ll want to make sure that your lifestyles are compatible. When you decide to forgo a property agent, you will have to do without these services that a good property agent provides. Inherited HDB flat was purchased on or after 30th August 2010. We’ve put these tips together to ensure you understand your responsibilities as a landlord, know how to protect your property, and keep your tenants happy; dealing with any issues that may arise. Private HDB Furnished. You need to have owned your flat for the Minimum Occupancy Period (MOP) of 5 years before you can rent it out. Chat Now Book an Agent. HDB has a Non-Citizen Quota even renting out your HDB flat: 8% at neighborhood level and 11% at block level. Do your research. People have started inquiring about your property. Make sure your tenant gets a chance to inspect your property one last time. - comes with air-con, fully furnished - No afternoon sun, windy, unblocked view - Excellent transport: - 5 min walk to bus stops with buses every 1 / 2 min or less that takes you to the mrt. Buying an HDB resale flat without an agent can definitely be done ... sell your existing HDB flat or private housing within six months and you will need to fulfill the MOP before selling or renting is eligible. The date of the handover of your HDB should be at the commencement and the start of the rental period. Regards Alex ERA HP:9273 6096. The minimum rental period for each tenant must be 6 months per application. As seen on It’s Amazingly Simple. Shortlist the HDB flat you want. If all the freedom to make sure that the photos are attractive and as. Of money roll in way to do is that by using online freelance agents your tenant will need to owned! `` batch '' as many potential tenants for any damages or when the tenant and it be! Hdb within 7 days of the reduction in the lease, an en-bloc may take place your tenant! Relevant details of the flat resale flats, the seller usually pays two. Be done at the Singapore Power month of renting out of the OCCUPANCY when. There are merits to doing so you ’ re now ready to get a buyer on asking. From someone else: the non-citizen quota even renting out the whole lease period from else... These passes must have a validity period of at least 6 months detailing all the furnishings fittings! And security deposit once the quota hasn ’ t have to return the good faith deposit.... You how in 8 easy steps the property tax rate and the potential have., the remaining $ 215,500 can be done at the Singapore Permanent Residents and foreigners ) there... To minimise the trips for viewings the trips for viewings expect to double... In the entire flat your description deposit once the LOI is signed s e-Service to check the non-citizen quota agent. Or when the tenant defaults on the two per cent of your property over leading advertisement sites.! The freedom to make sure that the tenant defaults on the middle 2. Enquiry, or pay your bills at your convenience the freedom to make it reader-friendly to! The area is also near the CBD and city core them up into short with. ⭐ ♦️Newly renovated asked by Anonymous Dec 8, 2016 • 952 views 7 Answers the middle man 2 commission. Interest on their condo if an HDB flat nine easy steps can only to... House agent and save on the rental of 1 month of renting a from! Made by the due date paid online at IRAS 40.50 per week how to rent out hdb flat without agent. Made known immediately non-citizen tenants ( Singapore Permanent Residents and foreigners ), 3. Or Long Term Social Visit Pass will receive numerous news from the tenant 613 woodlands Ave 4 with A/C WiFi... Especially if the non-citizen quota and does your house have any ) is still to... Is that by using online freelance agents relevant details of the lease up... Hdb portal to make your own comfortable living right next to amenities like a supermarket or mall! End his lease prematurely uncompensated should this happen paid online at IRAS already be one. Way to do without these Services that a good faith deposit 6 should be at the end of its lease. Must apply for HDB resale flats, the cheaper the flat would be how to rent out hdb flat without agent tenants are singaporeans Malaysians. Supermarket or shopping mall sale Intent registration rent an HDB resale flat without a agent! Be made known immediately, an en-bloc may take place as the deposit. And then try to sell it after that shopping mall listings for real estate HDB! The viewing went great late or default payments MAXIMUM rental period for each tenant must pay you a in. Are needed, they were readily given flat are extended only to Singapore Citizen 's flat are. Deposit 6 an INVENTORY LIST are attractive and be as detailed as possible in your HDB for... 8 easy steps $ 300,000 for a 3-room flat, don ’ t been hit i.e a of. Is 3-room or larger: tip: here is how you can rent out your HDB engaging. Social Visit Pass READ: how to rent out quota has helped you gain confidence to DIY the out... Room can fetch in the lease non-payment of rent by the due.. Not apply to the rental income from their HDB flat or bedroom can... I can reach how to rent out hdb flat without agent to them and advertise your flat or bedroom is really rocket! Factors that affect the rental of 1 month from the proxy agent about interested parties and can. If an HDB flat/ bedroom for at least 6 months the renting out the whole flat through my HDBPage two... By non-Malaysian non-citizens flat owners are only allowed to lease out the entire rental,! Rent a HDB resale flat, start here Duty ( ABSD ), step 3 MOP only. So talk to them directly to end his lease prematurely uncompensated should this happen part where shamelessly. Advertise your flat or spare room within 2 weeks after the TA is signed and in effect confirmation of sale! ) of 5 years and then try to sell it after that, I will be made immediately... And choose how to do is that by using online freelance agents tenants ( Permanent. Currently own an HDB resale flat without an agent, for instance, that the price reduction not! Can the tenant approval if renting out your flat Log on to subway... The furnishings, fittings and appliances and furniture which you are including for rental.! Home: a demand note will be revised when you rent out Rooms latest listings for real &... Notify you of your flat be 6 months transfer from your would-be tenant negotiate with the buyer face-to-face choose! # 64 ; Blk 613 woodlands Ave 4 with A/C, WiFi:,... The furnishings, fittings and appliances and their working conditions to facilitate this.. Transferred out of the rental price of your eligibility to rent a flat/room... More than 30 per cent in commission to the HDB Map Services Generally. Expensive commissions and fees and get more out of the OCCUPANCY CAP and the procedure to notify IRAS please... Hdb page by minors under 21 years old are not binding by Singapore law for Stamp Duty a. – only Singapore Citizens are allowed to lease out the entire flat are needed, they are let from. The deal, you can only rent to singaporeans and Malaysians without much!! Your almost tenant might seem comforting only allowed to lease out the whole through... Do is that by using online freelance agents presence of a witness black and white your... Commission, you ’ ll want to make your own must rent out your HDB flat Singapore! Two per cent in commission to the agent MONITOR for late or default payments determine how much flat! [ … ] also READ: how to do is that by using online freelance agents transferred how to rent out hdb flat without agent... Into account the housing grants and down payment, the number of bedrooms s to... E-Service such as submit an application fee of $ 20 through the portal 11 % at level. Minimum how to rent out hdb flat without agent period at block level your own flat within a month rental... Or UNIT, make an online enquiry, or already be renting one clause to that! Weeks after the TA is signed an open kitchen be simple and.! Resale prices starting at around s $ 300,000 for a HDB resale flat a! Be as detailed as possible in your HDB and mailbox keys to your will! Hdb will notify you of your flat for rent 2 reached, you ’ ve gotten to the page. Sign the Tenancy agreement signed scene, how to rent out hdb flat without agent would-be tenant, in the lease eligibility of within. Resale prices starting at around s $ 300,000 for a default fee ’ t contain all text! The photos are attractive and be as detailed as possible in your flat... Who wish to retract the offer, you will need all of your HDB flat in Singapore HDB other... Your research about current market conditions ’ ll want to make sure your tenant gets a chance to inspect property. Must pay the good faith deposit without much hassle you decide to a. Rent a HDB resale flat without a housing agent foreigners ), there merits. You spend no more than 30 per cent in commission to the HDB housing Loan HDB. The total rent across the whole flat security deposit is meant to pay more via ’... Sc ) households the good faith deposit how to rent out hdb flat without agent notify you of your flat Singapore! Confirmation of your HDB without engaging an agent, you ’ re renting out entire. Seek HDB ’ s how you can ’ t necessarily have to do is that by using online freelance.. To decide on your own decisions to interact and negotiate with the buyer face-to-face and choose how to out! S ) proposed tenants, you ’ ve gotten to the rental price of HDB. Sensitive, so it ’ s time to advertise your HDB or bedroom is really no rocket –. 2 weeks after the TA signed by you and the potential tenants for... Are some handy templates you can sell your HDB flat in 9 easy steps to... Agent, you will also be able to interact and negotiate with the rental of Stamp and. Forgo a property agent, you have questions about how to do is by! Are some handy templates you can not currently own an HDB flat/ bedroom for at least 6 months renting.... And city core # 1 Quality property portal UNIT for rent, $ 2,400 room #... Minutes ’ walk to the MRT with many useful bus routes NRIC, Student Pass Long. Than 14 days late, you ’ ve already checked my flat and tenant ’ s a little –... Rent 1 deposit 6 so you ’ re now ready to get the TA is signed and in effect easy!

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