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Thread: Using HDB Rental to repay mortage loan of private property

  1. #1
    Join Date
    Oct 2012
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    Default Using HDB Rental to repay mortage loan of private property

    Hi

    I am new to this forum. Just wondering if there is anyone making use of HDB rental to finance the newly bought condo? Does anyone know what are the pro and cons on this this? FYI. My HDB is already 12 years brand new from HDB and I have met the min occupany criteria.

    When you rent our HDB, is it better to rent as unfurnish or furnished? Any pro and cons too?

  2. #2
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    Jun 2011
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    everybody is doing it just like the ganggam style...

  3. #3
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    Quote Originally Posted by radha08
    everybody is doing it just like the ganggam style...
    Not me ..rental pc to finance my HDB stay.. !
    "Anyone who has not made a mistake has never tried anything new"

  4. #4
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    Jul 2011
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    Quote Originally Posted by CondoWE
    Not me ..rental pc to finance my HDB stay.. !
    Yours is reverse gangnam style !

  5. #5
    Join Date
    Sep 2010
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    haha... mine's garung gangnam style

    parents' HDB rental for parents' retirement fund
    parents stay our HDB nearby our PC (cos slibings stay 1 side of island but parents originally stay other side of the island)
    we stay PC financed by rental other PCs

  6. #6
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    I think if one CM target this, a lot of people will be affected.

  7. #7
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    Quote Originally Posted by bakasa2002
    I think if one CM target this, a lot of people will be affected.
    When that happens, all balik kampung style...

  8. #8
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    Dec 2008
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    Quote Originally Posted by CondoWE
    Not me ..rental pc to finance my HDB stay.. !
    i doing the same

  9. #9
    Join Date
    Apr 2012
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    There are a few possiblities for the new CM on HDB flats:
    1: Only allow rental for those that are fully redeemed
    2: Only allow rental for those that are fully redeemed for a specific duration.
    3: Cannot rent out at all. For own stay only.

    If that happens, worst case is to rent out PC or sell PC.

  10. #10
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    Quote Originally Posted by buttercarp
    Yours is reverse gangnam style !
    like that mr yt wat style...

  11. #11
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    Quote Originally Posted by radha08
    like that mr yt wat style...
    KiamCai style

  12. #12
    Join Date
    Feb 2012
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    Open Ka Na Style

    Quote Originally Posted by PN
    KiamCai style

  13. #13
    Join Date
    Feb 2012
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    I am renting PC to pay rental in HDB. then once 2nd PC TOP, use rental PC to pay for its monthly lease (another 15 years!).

  14. #14
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    Dec 2008
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    Quote Originally Posted by Draven005
    Open Ka Na Style
    Or Kiem KaNa Style

  15. #15
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    Jun 2011
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    every body happy happy rent here and there do u think one day no more tenant...

  16. #16
    Join Date
    Oct 2012
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    What are the points to note about renting out HDB? Can anyone share?

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