Properties For Rent In Singapore

If you are not intending to or cannot afford to buy a home in Singapore, or you are an emigrant posted in Singapore for a period of time, or you are on a long holiday or for your own reasons have an urgent need of a place to stay, then finding a suitable property for rent in Singapore is the best thing to do. There are many factors to consider when looking for a house to rent in Singapore.

When choosing a rental house, consider the geographical location of the house and the facilities and amenities located nearby. Remember to keep in consideration the location of important places like your place of work and where your children attend school. The estate's setting should also be a factor to consider alongside factors like religion. Have a checklist of these and any other necessary factors that will definitely be handy in assisting you decide on your number one location and the nature of housing apposite for you.

Rental properties in Singapore can either be fully or to a degree furnished. Therefore, it is imperative that you ensure that the property is able to meet all your expectations. Also, take into consideration other utilities such as electricity, telephone, garbage disposal and water and the extra cost that comes every month to cater for the bills.

After finding a suitable property to rent, you then have to write and submit a "Letter of Intent" to your future landlord. This letter indicates our intent and willingness to rent the property from the landlord, and your agent signs the letter as your witness and as the third party. This is followed by the signing of another formal document called the "Tenancy Agreement", which is signed by the landlord and the tenant. In this document, details about payment modes, prices, obligations of each party, an inventory and other details are included. The signing of this document goes hand in hand with the provision of the tenant’s identification documents and travel documents and permits, in the case of a foreigner. Also, the return of this letter to the landlord is accompanied with a deposit for the rent of the first month.

Paying rent and bills is not the only expense that comes with renting a property in Singapore, but there are other expenses you meet in the form of fees. These fees include the stamp fees, the agents commission (shared between you and the landlord) etc. the providers and suppliers of electricity also require you o give a certain amount of deposit before supplying you with electricity.

The amount of deposit you pay differs according o various factors like the location of the house, citizenship, amount of rent, nature of consumption (domestic, semi-commercial or commercial). Finding a property for rent in Singapore, regardless of your status and regardless of the type of property (whether HDB, flat, condo, bungalow or apartment), can become easy for you if you have the above tips with you.

Mindy Yong 杨雯诗

CEA Registration Number : R021232Z

Tel: (+65) 91002985
Fax: (+65) 64021826

mindy@mindyyong.com

KF Property Network Pte Ltd
CEA Licence Number : L3008430D