Category Archives: Renting

Rents of Singapore luxury homes surpass those in Hong Kong

Rental rates for luxury homes in Singapore have outstripped those in Hong Kong for the first time. This is according to corporate leasing agents Savills. And it says this is due largely to the short supply of rental units in … Continue reading

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Rent hike must be spiked

It is true that rents have been increasing at an exponential rate over the past year. But if the injection of 600,000 potential additional units does not halt the spike and rents continue to rise, it is not an issue … Continue reading

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Rents soar, expats groan

Last month, when German Peter Hartmann’s two-year lease on his One Chatsworth apartment expired, the landlord told him his new rent would be $13,500 — a spike of 80 per cent. The sales director, who had been paying a rent … Continue reading

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What Should You Know About Tenancy Durations?

It is possible to have a tenancy for any duration you desire. Typically a landlord prefers a 24 month (two year) lease which is the most common period within the Singapore market, however many landlords are willing to consider a … Continue reading

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End of Tenancy – Checking Out

Your contractual tenancy will come to an end when either you or your landlord has given the appropriate notice, or if you actually move out at the end of the fixed term. Your landlord should advise you of his intentions … Continue reading

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Some Heartland Neighbourhoods Seeing Growing Rental Housing Demand

Housing in non-prime areas like Changi, Buona Vista and even Serangoon is catching the eye of expatriates. Analysts say tenants in this mid-tier market seek neighbourhoods that are homey and located near MRT stations. Better yet, they say rising rental … Continue reading

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Singapore Office Space Rental Procedures

Letter of Offer  On agreeing heads of terms the landlord will normally issue a Letter of Offer which outlines the general terms upon which the agreement is based. Often this is accompanied with a copy of a draft standard lease. … Continue reading

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Furniture Leasing in Singapore

You may have found an ideal place to rent but it is not furnished, or the current furniture is not to your liking. What about furniture leasing? With furniture leasing, you can either choose from the current selection of furniture … Continue reading

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Buy or Rent in Singapore

Here are some points that you can consider in deciding whether to buy or rent a property. Sufficient initial capital. When one makes a property purchase, the initial capital outlay is 10% (5% can be from CPF, 5% is to … Continue reading

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Renting process of private property in Singapore

Tenant finds a unit and makes an offer to rent it. Tenant gives a Letter-of-Intent with a cheque for 1 month rental as Goodfaith Deposit. In the Letter-of-Intent, all requests such as level of furnishing, date of handover of keys, … Continue reading

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