Properties info

[MrsKiasu]

doodbug\" post_id=\"2129100\" time=\"1708043906\" user_id=\"13281:

Yes if renting out - i think it's 8? check URA guidelines for pte properties, and HDB guidelines for HDB flats.

Oh thanks..that's what I thought I read few years ago..think landed included when rent out, there's a certain number of tenants+own family members allowed.

So I kind of wondering for say 3 storey house with different entrances.. can we actually rent out individual units or even sell individual units?

[MrsKiasu]

Actually if siblings can live together on a plot of land, it should be very nice to share costs at same time have own privacy like each family lives in one storey.

[MrsKiasu]

Actually if siblings can live together on a plot of land, it should be very nice to share costs at same time have own privacy like each family lives in one storey.

[MrsKiasu]

I think i read something like the annual property tax will be higher for the rebuilt landed?

[doodbug]

MrsKiasu\" post_id=\"2129110\" time=\"1708045806\" user_id=\"43981:

Oh thanks..that's what I thought I read few years ago..think landed included when rent out, there's a certain number of tenants+own family members allowed.

So I kind of wondering for say 3 storey house with different entrances.. can we actually rent out individual units or even sell individual units?

When you rebuild a house to have separate entrances, you will have to seek BCA and URA's approvals. If you are in a pure landed estate (i.e. not mixed landed estate) as per the URA masterplan, you cannot split your single unit into apartments. But there is a possibility of converting a bungalow into a pair of semi-Ds etc. If you are in a mixed landed zone, there is a chance you can convert say a bungalow, into 8 apartments with 8 different strata titles. You will have to pay development charges and what not.

[MrsKiasu]

doodbug\" post_id=\"2129114\" time=\"1708046259\" user_id=\"13281:

When you rebuild a house to have separate entrances, you will have to seek BCA and URA's approvals. If you are in a pure landed estate (i.e. not mixed landed estate) as per the URA masterplan, you cannot split your single unit into apartments. But there is a possibility of converting a bungalow into a pair of semi-Ds etc. If you are in a mixed landed zone, there is a chance you can convert say a bungalow, into 8 apartments with 8 different strata titles. You will have to pay development charges and what not.

Like a mini developer liao. Good info, thanks.

[doodbug]

MrsKiasu\" post_id=\"2129112\" time=\"1708046070\" user_id=\"43981:

Actually if siblings can live together on a plot of land, it should be very nice to share costs at same time have own privacy like each family lives in one storey.

Haha, have you heard of real life stories?

You will be surprised how many disagreements there are among family members on things like MCST apportionments and what works to do. Some parents rebuild a house splitting into different units for each child, on condition each child is not allowed to sell their unit until the parents pass on. And guess what happens down the road - things can work out well, much as they can turn awry too.

[MrsKiasu]

I wonder how much is the annual property tax for the landed nowadays?

[MrsKiasu]

doodbug\" post_id=\"2129116\" time=\"1708046448\" user_id=\"13281:

Haha, have you heard of real life stories?

You will be surprised how many disagreements there are among family members on things like MCST apportionments and what works to do. Some parents rebuild a house splitting into different units for each child, on condition each child is not allowed to sell their unit until the parents pass on. And guess what happens down the road - things can work out well, much as they can turn awry too.

True also..each child already not same pattern. Dont say after including their spouse. We should just think for ourselves first.. like ease to move around etc.

[sharonkhoo]

doodbug\" post_id=\"2129116\" time=\"1708046448\" user_id=\"13281:

Haha, have you heard of real life stories?

You will be surprised how many disagreements there are among family members on things like MCST apportionments and what works to do. Some parents rebuild a house splitting into different units for each child, on condition each child is not allowed to sell their unit until the parents pass on. And guess what happens down the road - things can work out well, much as they can turn awry too.

There are so many stories of such arrangements not turning out well. We and my brother/sis-in-law briefly considered doing something like this years ago, but we decided that our relationship was too good to risk! Even if all conditions are spelled out clearly at the beginning, there may be unhappiness when circumstances change and one wants to sell, but the others don't. Even more so when the property passes to the next generation - one may want capital to start a business, or to emigrate, or for medical bills, etc.