|0720 Singapore real estate laws affecting
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20 Jul 2000
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|From - Sat Nov 27
Subject: Diplomatic Clause
I am an expat who has been working in Singapore for 16 months. The company signed a 2 year lease on apartment with 1 year diplomatic clause. They gave notice on the apartment six weeks ago. I have now found another job in Singapore and wish to stay in the same apartment.
The new company will sign the new lease. The owner wishes to up the rent substantially so I will probably have to move unless there is a legal provision that can help me. What exactly does the diplomatic clause mean? If I change companies, and do not leave Singapore can I still claim a right to the original lease terms or does the diplomatic clause not provide for change of company
|In Singapore residential
leasing, the industry's diplomatic clause favours the Tenant in that the Tenant can
unilaterally terminate the tenancy agreement after 12 months' occupancy
by giving the Landlord 2 months' notice or rent in lieu of notice for a
2-year lease. Common reasons are that the employee is no longer working for the
Company or allowed to reside in Singapore.
above case, the Tenant (i.e. the Company) has exercised the diplomatic
clause. The writer was the Occupant and had no legal standing in
this tenancy agreement between the Landlord and the Tenant.
However, Landlords must know that the market is still
flush with vacant investment units. The rents have bottomed out but the
beneficiaries are those downtown condos and those new ones near the subway.
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