You may also be eligible for the staggered payment system. As the name suggests, you can pay half the down payment if you sign your lease, and the other half if you sign the terms and get your keys back. If you plan to rent or rent an HDB apartment or a bedroom, you can refer to these standard rental models created with contributions from regulators, associations representing the real estate agency industry and consumers and practitioners experienced in the housing rental process. These models are only a guide and you are free to modify the model or negotiate the conditions contained in the model with your real estate agent in order to meet your needs and/or requirements. Now that you probably have a BTO apartment on the horizon, it`s time to look for someone to lend you money to finance it. You must receive all your credit documents to sign the lease. Do you want to rent or rent a property? Wondering where you can get a lease that protects the interests of landlords and tenants? The property tax will be revised when renting your HDB apartment. The applicable property tax rate and iraS notification procedure are available on the IRAS website. It is somewhat misleading to call HDB buyers "owners" and not "rental owners." Now the Digitalized Property Transactions Workgroup has developed standard rental models for HDB and private residential apartments that you can use! Disagreements such as rent, payment or forfeiture of deposits, the right to increase rent and rental periods are private business between the tenant and the landlord. Landlords and tenants should try to settle the dispute amicably and reach mutual agreement.

It is recommended to read carefully and understand all the terms of the lease before signing it. If your potential tenant is a foreigner, please check their immigration status using ICA`s iEnquiry system. You can also check their validity at the job or S-Pass via the MOM website. You cannot rent your HDB apartment to parties who own other HDB properties, unless HDB Branch Operations Director Lim Lea Lea states in her response (HDB buyers are homeowners and non-tenants; July 19), that the name of each HDB homeowner is reflected in the land registry. The Basic Law stipulates that a lease must be registered in the land registry beyond seven years. Down payment at the signing of the lease: 5% in cash - 5% with CPF OA Savings or cash The day you sign the lease, you must debit the deposit as well as stamp and legal fees. Many people are unaware, for example, that at the end of the rental period, their units will simply return to the state for free and that their real estate value will be devalued, which accordingly. But with the expiry of leases for some HDB units, people are beginning to recognize the true nature of their HDB property. This transition must be managed carefully, but not by continuing the misunderstanding. It is customary for the rent to be paid monthly. The first payment must be made on the day of the start of the lease, while subsequent payments must be made on the same day of each month. The amount of the deposit is usually one month`s rent for a one-year contract and a 2-month rent for a 2-year lease.

This is payable at the signing of the rental agreement with the rent of the first month. It is recommended not to pay more than one month`s rent.