Renting out — key norms
| Item | Typical norm (confirm current rules) |
|---|---|
| Minimum rental period (private) | 3 months |
| Security deposit | About 1 month’s rent per year of lease |
| Occupancy cap (private residential) | Up to 6 occupants |
| Tenancy stamp duty | A small % of total rent, usually paid by the tenant |
Steps to rent out your condo
Decide your asking rent and terms, market the unit (often via an agent), shortlist and verify tenants, then sign a Tenancy Agreement setting out rent, deposit, duration and house rules. The tenant typically pays the tenancy stamp duty, and you collect a security deposit before handover. Do a proper inventory and handover check.
Landlord obligations
Verify your tenant’s identity and, for foreigners, a valid pass (work, student or dependant). Keep within the private-residential occupancy cap and do not exceed the permitted number of unrelated occupants. Maintain the unit in habitable condition and follow the terms of your Tenancy Agreement. Check the exact rules with URA and IRAS.
Frequently asked questions
What is the minimum rental period for a private condo?
The minimum rental period for private residential property in Singapore is 3 months. Shorter-term letting is not permitted for private homes.
How much security deposit should I collect?
A common norm is one month’s rent for each year of the lease — for example, two months’ deposit for a two-year lease — but it is negotiable and set in the Tenancy Agreement.
Who pays the stamp duty on a tenancy?
Tenancy (lease) stamp duty is usually paid by the tenant. It is a small percentage of the total rent over the lease term. Confirm the current rate with IRAS.
How many tenants can live in my condo?
Private residential units are subject to an occupancy cap — up to six occupants for most private homes. Confirm the current URA limit before renting out.
Do I need to check my tenant’s pass?
Yes. Landlords should verify a tenant’s identity and, for foreigners, that they hold a valid pass such as a work, student or dependant pass, before renting out the unit.
Guide by Alvin Tan, ERA Singapore (CEA R072324C). Rules are current as of 2026 and may change — confirm details with IRAS, URA, HDB or a licensed professional before acting.
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