Renting out your condo in Singapore can be a great way to generate passive income—but if you don’t follow the rules, you could end up with hefty fines or legal trouble. In 2025, URA and HDB regulations are strict about short-term rentals, tenancy periods, and ownership rights. Here’s a simple, complete guide to legally renting out your private condo in Singapore.
1. Can You Rent Out Your Condo in Singapore?
Yes, if you own a private property (condo or landed home), you’re generally allowed to rent it out, but certain conditions apply.
Key rules from the Urban Redevelopment Authority (URA) and Council for Estate Agencies (CEA) must be followed to avoid penalties.
✅ Note: HDB flats follow a different set of rental rules—this guide is only for private condos.
2. Minimum Rental Period (No Short-Term Stays!)
As of 2025:
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Minimum rental period for a private condo is 3 consecutive months
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Short-term rentals (e.g., Airbnb, Staycations) under 3 months are illegal, unless the property is in an approved serviced apartment category
💡 Penalty for violations: Up to $200,000 fine or 12 months’ imprisonment
3. Who Can You Rent To?
You can rent to:
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Singapore Citizens and PRs
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Foreigners with valid passes (Employment Pass, S Pass, Work Permit, Student Pass, Dependant Pass, etc.)
✅ Always verify the validity of the tenant’s documents before signing any lease.
4. Maximum Number of Occupants
For all private residential properties:
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Up to 6 unrelated persons per unit is allowed
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No crowding or partitioning units for multiple unrelated tenants
This rule is to maintain residential living standards and prevent “dorm-style” rentals in condos.
5. Types of Condo Rental Arrangements
You can choose:
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Whole unit rental: Common for investors or those moving abroad
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Room rental: Allowed if you still occupy the unit (ideal for single owners)
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Dual-key units: Popular for multi-gen living or separate tenant space
Regardless of type, all arrangements must respect URA guidelines.
6. Do You Need Approval to Rent Out Your Condo?
Generally, no formal approval is needed from URA, but you must:
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Notify your MCST (condo management) and check by-laws
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Ensure your tenancy agreement meets legal standards
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Pay income tax on the rental income
Some condos may restrict room rentals or short-term leases, so review the condo by-laws first.
7. What Should Be in a Tenancy Agreement (TA)?
Your tenancy agreement should clearly state:
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Full names of landlord and tenant
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Start and end dates of lease
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Monthly rent and payment method
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Security deposit amount (usually 1–2 months)
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Maintenance responsibilities
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Early termination clauses
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Inventory list (for furnished units)
✅ Tip: Use a standard CEA-approved tenancy agreement template or consult a property agent/lawyer.
8. Stamp Duty on Rental Agreements
It is mandatory to pay stamp duty on tenancy agreements.
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Paid by tenant (but some landlords absorb it)
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Based on rental amount and lease duration
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Must be paid within 14 days of signing the agreement
Use IRAS’s e-Stamping Portal to calculate and pay stamp duty.
9. Tax on Rental Income
Yes, rental income is taxable in Singapore.
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Declare it in your annual personal income tax return
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You can deduct costs like:
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Property tax
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Mortgage interest
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Repairs
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Agent fees
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Fire insurance
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💡 Tip: Keep receipts and invoices for all deductible expenses.
10. Use a Property Agent or DIY?
You can:
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DIY by listing on portals like PropertyGuru, 99.co, or Carousell
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Use a licensed agent to handle viewings, paperwork, and tenant screening
Make sure your agent is CEA-registered. A good agent can save you time, legal hassle, and help find quality tenants faster.
11. Consider Landlord Insurance
Protect yourself with landlord or rental income insurance:
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Covers missed rent, damages, and legal costs
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Especially useful if renting to overseas tenants or long-term stays
In 2025, many insurers offer plans tailored for Singapore condo landlords.
12. Common Mistakes to Avoid
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Renting below 3 months (Airbnb style)
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Overcrowding your unit
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Not signing a formal TA
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Ignoring MCST rules
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Not declaring rental income
These could lead to legal issues, fines, or disqualification from future renting.
Conclusion:
Renting out your condo in Singapore can be a great way to earn steady income—but only if done legally and properly. By following URA rules, preparing a valid tenancy agreement, and declaring your taxes, you can enjoy the benefits of being a landlord without the stress. In 2025, compliance isn’t optional—it’s essential.
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