facebookIs it possible to apply for 3-room BTO with my partner and while that is building, we buy a resale flat to stay in, and in the future rent out the BTO? - Seedly
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Anonymous

Posted on 12 Aug 2020

Is it possible to apply for 3-room BTO with my partner and while that is building, we buy a resale flat to stay in, and in the future rent out the BTO?

So it becomes a compulsory savings pot for retirement while it pays itself long term with the rent income? Does this make sense or am I just so ignorant of all the implications?

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2 answers

Discussion (2)

Aaron Leow

Aaron Leow

Level 13. Grandmaster

Updated on 12 Aug 2020

There are no implications. You are allowed to own or co-own one HDB property in your name.​​​

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CL

Chuan lee

Level 9. Genius

Posted on 12 Aug 2020

Nope. You cannot own >1 housing from HDB.

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