Renting a home out, and renting one: rules, costs and who pays what

Who may let a home, the shortest tenancy, tenant quotas and occupancy limits, and the costs on each side of the lease, from stamp duty to property tax.

6 min read · updated 30 September 2026 · rates reviewed 21 August 2026

6 months
shortest let of a whole HDB flat
3 months
shortest let of a private home
0.4% of total rent
lease stamp duty on a tenancy of four years or less
12%
property tax on the first $30,000 of annual value, when let out
Your own numbersThe guide explains the rule. The calculator applies it to a price you choose — nothing saved, nothing sent.Cost of owning against what it lets for →
HDB letting rules were read on HDB's pages, updated 11 May 2026. Whole-flat letting is for Singapore Citizen owners, after the minimum occupation period, and never for Plus or Prime flats. Tenant caps for 4-room and larger flats fall from 8 to 6 for tenancies running past 2028.

Who may let a home out

Whole homeRooms
HDB, citizen ownerYes, after the 5-year minimum occupation periodYes, after it, and the owner must keep living in the flat
HDB, PR ownerNoYes
HDB Prime and Plus flatsNo, even after the 10-year periodRooms only
Private home or EC (after its minimum period)YesYes

The shortest tenancy

  • HDB whole flat: 6 months per tenancy. Short-term letting is not allowed.
  • Private home: 3 consecutive months (URA). Anything shorter is illegal short-term accommodation.
  • HDB approves a letting for up to 3 years, or 2 years if any tenant is a non-Malaysian non-citizen.

HDB non-citizen quota

  • 8% at neighbourhood level and 11% at block level.
  • It applies when any tenant of the whole flat is a non-Malaysian non-citizen. Malaysians are not counted. It does not apply to room rentals.
  • If the quota is full, the flat can be let only to Singaporeans and Malaysians. It is worth checking the HDB e-service before marketing a flat, because a full quota ends a deal late.

Who can be a non-citizen tenant of an HDB flat

Someone holding a valid Employment Pass, S Pass, Work Permit, Student Pass, Dependant's Pass or Long-Term Visit Pass, valid for at least 6 months at the date of application. Holders of tourist and short-term visit passes cannot rent a whole flat. HDB approval is needed before the tenancy starts.

How many people can live in a let home

HomeUnrelated occupants
HDB 1-room and 2-room4
Other HDB flats and private homes6
HDB 4-room and larger, private homes of 90 sqm and above8, under a temporary relaxation, registered with HDB or URA (about $20 for a private home)

The relaxation to 8 was extended in January 2026 to 31 December 2028, and has been extended more than once, so it is worth confirming with HDB or URA before relying on it.

Penalties

Subletting without HDB approval carries fines of up to $5,000 and possible compulsory acquisition of the flat.

The costs on each side

What the landlord pays

CostDetail
Agent commission1 month's rent for a 24-month lease, pro-rated by term, plus GST
Property taxNon-owner-occupied rates of 12% to 36%, with no 2026 rebate
Income tax on net rental incomeActual expenses, or the 15% deemed expense plus mortgage interest
HDB subletting applicationHDB approval is mandatory, with a small administrative fee; check the current amount on the HDB portal
Air-conditioning servicingTypically quarterly, and often the landlord's above a minor-repair threshold
Repairs and replacementsWhite goods, water heater, plumbing
Fire or landlord insuranceRecommended
MCST maintenanceContinues whether or not the home is let
VacancyAssume 80% to 90% occupancy over the year, not 100%
Furnishing and refreshBetween tenancies

What the tenant pays at signing

CostDetail
Stamp duty on the lease0.4% of total rent, due within 14 days. $4,000 a month for 24 months is $384
Security deposit1 month for a 1-year lease, 2 months for a 2-year lease
Advance rent1 month
Agent commission1 month's rent for 24 months, pro-rated, plus GST, paid to their own agent
Utilities and internetDeposit and set-up
Air-conditioning servicingUsually the tenant's
Minor repairsTypically the first $150 to $300 per item
Handover inventoryPhotographs of everything: deposit disputes turn on them

Cash at signing, $4,000 a month for 24 months: 2 months' deposit ($8,000) + 1 month in advance ($4,000) + stamp duty ($384) + commission of 1 month plus GST ($4,360) = about $16,744.

The diplomatic clause (usually after 12 months, with 2 months' notice), the minor-repair clause and air-conditioning servicing are market conventions, not law, and are all negotiable.

Stamp duty on a lease

Lease termDuty
A definite term of 4 years or less0.4% of the total rent for the whole term
More than 4 years, or indefinite0.4% × 4 × Average Annual Rent
Average Annual Rent of $1,000 or lessExempt
  • The base is the contractual or the market rent, whichever is higher, including maintenance, furniture and fittings, and A&P charges, and excluding GST.
  • Where rent is stepped or there is a rent-free period, IRAS uses the Average Annual Rent. Twenty-four months at $4,000 with one month free is $92,000 of rent, and an Average Annual Rent of $46,000.
  • Due within 14 days of signing (30 days if signed overseas). Late payment carries a penalty of the higher of $10 or the duty, up to 3 months late, and up to 4 times the duty beyond.
  • By convention the tenant pays, but both parties are jointly liable, so the tenancy agreement should say who pays. The minimum is $1, rounded down to the dollar.
Rent a monthTermTotal rentStamp duty
$2,50012 months$30,000$120
$3,00024 months$72,000$288
$4,00024 months$96,000$384
$6,00024 months$144,000$576
$8,00024 months$192,000$768

Property tax: lived in and let out

Tax is the home's Annual Value, IRAS's estimate of a year's market rent before furnishing and maintenance, multiplied by progressive rates.

Annual property tax by annual valuelived in, and let out or vacant
Annual value $20,000
$320lived in by the owner
$2,400let out or vacant
Annual value $30,000
$720lived in by the owner
$3,600let out or vacant
Annual value $45,000
$1,420lived in by the owner
$6,600let out or vacant
Annual value $60,000
$2,720lived in by the owner
$10,800let out or vacant
Annual value $90,000
$6,620lived in by the owner
$21,600let out or vacant

IRAS. Owner-occupied rates from 1 January 2025; other residential property from 1 January 2024. Before any rebate.

Annual Value bandRate when let out or empty (from 1 January 2024)
First $30,00012%
Next $15,00020%
Next $15,00028%
Above $60,00036%

Owner-occupied rates (from 1 January 2025) start at 0% on the first $12,000 and rise to 32% above $140,000. A 2026 one-off rebate of 15% for owner-occupied HDB flats, and 10% capped at $500 for owner-occupied private homes, does not apply to a home that is let out.

Worked example. A 2-bedroom condominium let at $2,600 a month has an Annual Value of about $31,200. Let out, the tax is 12% × $30,000 + 20% × $1,200 = $3,840 a year. Lived in, the same Annual Value comes to about $770 before the rebate. Moving a home from owner-occupied to let out can add $3,000 to $4,000 a year in property tax alone, before income tax, which is why a quoted 4% gross yield can be closer to 2.5% to 3% after tax.

More on the duties and lending rules in what it costs to buy and sell.

General information about how the rules work, not advice on your situation. Figures change when policy changes: check the dates above, and the policy and data archive for the latest announcements.

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