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What do you know about HDB regulation
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HDB regulations cover important aspects such as ownership, subletting rules, rental restrictions, and financing limits. Key points include:
• Renting out an entire HDB flat or bedrooms requires approval or registration, with a minimum rental period of 6 months.
• Non-residential use (e.g., for tourists or commercial filming) is not allowed.
• Owners renting out flats must ensure only authorized tenants reside there and observe maximum tenant limits.
• The maximum rental period is 3 years for tenants who are all Singaporeans or Malaysians, and 2 years if any tenant is a non-Malaysian non-citizen.
• If the owner is overseas, an attorney must be appointed to manage the flat.
• From 20 August 2024, HDB loans are capped at a 75% Loan-to-Value limit.
• Non-residential use (e.g., for tourists or commercial filming) is not allowed.
• Owners renting out flats must ensure only authorized tenants reside there and observe maximum tenant limits.
• The maximum rental period is 3 years for tenants who are all Singaporeans or Malaysians, and 2 years if any tenant is a non-Malaysian non-citizen.
• If the owner is overseas, an attorney must be appointed to manage the flat.
• From 20 August 2024, HDB loans are capped at a 75% Loan-to-Value limit.