URA guideline on minimum lease period – Condo for sale in Singapore
Condo for sale in Singapore – URA’s guideline is that residential properties or their individual rooms within the premises should not be rented out on a daily, weekly or monthly basis. Such short-term occupancy, with transient occupiers, creates disturbances and inconveniences to other bona fide residents in the development. Premises that are approved for residential use are for longer term stays of 6 months or more. The leasing of residential properties (whole unit) or subletting of rooms for residential purpose should be for long term stays of 6 months or more by the same occupiers.
Please click here to search for condo for sale in Singapore.
