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Asia USA Realty (Singapore) asiahomes.com Pte Ltd  - Apartments
01 Apr 2012   

Focus:  We get for you affordable Singapore homes.  Rent or Investment
 
YOU WANT to rent or buy Singapore homes? Email details of your specifications  to judy@asiahomes.com or Tel: +65 9668 6468, 6254 3326, 9668 6469; Fax: +65 6256 0501 for viewing or updates. Email or fax house-hunting form to us at 6256-0501 and we will contact you within 24- 48 hours.
PARKSHORE
East Singapore
 
  201 Tanjong Rhu Road. Completed: 1995. Total no. of units: 152 condominiums.
 
Parkshore-condos-singapore-asiahomes-rental-buy
2002. Parkshore condos 2012. No more construction around Parkshore

2-bedrooms: 92, 93, 97 sq. m
3-bedrooms: 123 - 160 sq. m
4-bedrooms: 216 sq. m

Living/dining - marble tiles. Bedrooms: parquet. 

Facilities:
swimming pool, tennis court, squash court, playground, BBQ area, jogging track, 24-hour security system, clubhouse, covered car park and multi-function room.


Advantages:

Countryside resort ambience.
Low density. Not as crowded as Pebble Bay or Costa Rhu. Sea views from higher floors.

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Photo 1
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Photo 2
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Photo 3
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Photo 4
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Photo 5
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Photo 6
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Photo 7
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Photo 8
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Photo 9
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Photo 10

Photo 1. Pool and Parkshore apartments with balcony.

Photo 2. Foreground: Parkshore Condo on right side, Pebble Bay Condo on left side. Background: Tanjong Ria Condo (triangular roof), Casuarina Cove opposite Tanjong Ria Condo and Waterside Condo at furthest end (where the road "ends").

Photo 3. Parkshore 3+1, 1700 sq ft, $4,500 10th floor. Panoramic sea views all rooms. Living room with balcony and sea view.

Photo 4. Parkshore. Same unit as Photo 3. Ensuite master bedroom with sea views.

Photo 5. Parkshore. Same unit as Photo 3. Bedroom with sea view.

Photo 6, 7, 8 & 9. Costa Rhu 4+1. 8th floor. Livonia. Panoramic river front view, living room and master bedroom and ensuite guest bedroom.

Photo 10. Costa Rhu 4+1. Ground floor garden (arrowed), patio and panoramic river view. See more pictures at Costa Rhu

FOR RENT

0907singapore_flag_gif.gif (9239 bytes)March 9, 2012    For Rent
Advert by Owner: Parkshore 3+1 renovated $6000.
Other units are available.  
E-mail judy@asiahomes.com Tel: +65 9668 6468. 

Neighbouring condos: Pebble Bay (510 units), Casuarina Cove (160 units), Tanjong Ria (168 units), The Waterside (502 units) are available for rent. See:  

Subdivisions (condo & house details) has some of the details of the advertised condos.

TIPS FOR REALTORS
Case study was written in Jan 1, 2003
All terms and conditions to be in writing.
 

"I am flexible" said a busy senior civil servant in a government ministry when asked whether she would be prepared to negotiate on furnishing allowance.

When asked for proof of ownership of condo, this government officer said her husband was joint owners and she would receive the good faith deposit cheque payable to the husband. For some reasons, she did not fax over the proof of ownership. The Singapore government servants are reputed for integrity and the Asiahomes associate accepted her word.

Issue: Lease terms and conditions in Landlord's tenancy agreement provided by the Landlord differs from the Letter of Intent. Rental for the Costa Rhu unit was $5,000 fully furnished, with $500 for the Tenant to pay the utilities and maid's services. 3+1, 1776 sq ft, Costa Rhu, Charonia block, panoramic sea view from bedrooms.

  • $6,000 furnishing allowance giving the Tenant freedom to select his own supplier, not the Landlord's was not mentioned. (Landlord complained that $4,000 would be sufficient as she has her own connections, but would the quality be satisfactory?)

"Don't worry, I know what to buy for Tenants" said the confident civil servant. She would not have reached that level of management if she had not been domineering.

"You will get a black sofa set?" enquired Asia USA associate, as this is the commonest practical (cannot see dirt and last longer). The answer was black. The Tenant wants his own choice of colours and Caucasians dislike black lounge set.

  • The servicing of the air conditioners by the "Landlord" changed to the "Tenant".
  • Agreement of the Landlord to pay the Tenant $500/month was not stated. Asia USA advised that the $500 be paid via Asia USA as management agent.

"My lawyer said it is not permitted for Asia USA to receive the $500 and anyway, it is not mentioned in the Letter of Intent" said the flexible landlord, after the good faith deposit had been given to her husband. What has the lawyer to do with this?

Asia USA believes there is no statutory requirement stating that the managing agent cannot receive $500 on behalf of the Tenant. It is a contract between the Landlord and the Tenant. The rationale for this procedure is that the Tenant (being a government authority or even a corporation) would not accept a precedent of rental housing being rebated to the Tenant's employee (the Occupant).

The Agency does not accept a fee from this arrangement, but use it to close the case and get referrals from the Tenant for a good job done (saving money for him). In this case, the company would like accept the $500 being payable to the agent monthly and the Tenant does not need to pay from his pocket the utilities bill. (Rental being $4,500 although he has a $5,000 rental allowance).

  • " 2 matters I am uncomfortable with," said the Tenant with a patient voice.
  • We are uncomfortable with the fact that the lease agreement now shows the name of the landlord different from the first copy (faxed direct by the Landlord). The good faith deposit had been paid to Mr L and now the 2nd copy (unknown to the Realtor) showed Ms S. Please get the cheque back"
  • The Company, being a British government body, would not want me to accept the $500 monthly and therefore, we would have to edit the lease agreement as $4,500 instead of $5,000. Is that all right?"

There needed to be more explanation that Ms S was the only Owner while Mr L (the husband) had no shares in the condo. Lease would commences 4 days later and here, there was a problem of bona fide ownership. If the flexible "Landlord" had faxed over the proof of ownership, she would know that she was the owner and there was no point giving the cheque to her husband. Asia USA normally insert the names of co-owners in the lease but in this case, the Landlord said it was all right.

(Advices to new realtors: You have to be very cautious as there are scams going around. In this case, the Landlord being a government employee, we thought she was OK but you can see the problem with not following the SOP (standard operating procedure, SOP).

After accepting the explanation that Ms S was the genuine Landlord, Asia USA had to control the damage.

As time was short and the Landlord was having meetings, we issued a cheque of $5,000 to the Tenant and get a $4,500 cheque as good faith deposit. We had to rush to the Landlord's house to collect back the $5,000 and gave her the replacement good faith of $4,500 & 2 months' security deposit of $9,000.

The Landlord's lawyer (being paid by the Landlord) obviously had to give his advice that the realtor should not be trusted, without realising that this advice could result in an aborted deal. The spirit of flexibility was just not there with Ms S.

Advices to new realtors: In such cases, the landlord wants to be "do-it-yourself" and there is no point in countering her decision as your time and energy would be better spent on other matters.  Communicate with minimum words as this is a domineering type of Landlord and you get into unhappy situations when you offer advices.

The SOP (standard operating procedure) of Asia USA Realty is as follows:

  • Prepare Letter of Intent with terms and conditions agreed by both parties and commission agreement payable by the Landlord. Or go straight to the Tenancy Agreement.
  • Ask the Landlord for proof of ownership before giving the good faith deposit. Or check the relevant government websites. In private condos, unlike the HDB, the person paying the maintenance fees or property tax may not be the owner. 
  • Prepare the lease agreement incorporating agreed terms and conditions in the Letter of Intent simultaneously and get both parties to sign if there is no initial Tenancy Agreement provided by the Landlord (corporate landlord usually provides this agreement).
  • Get utilities and phone installation work done for Tenant.
  • For new condos such as the Costa Rhu, the agent may need to be present for installation of gas meters.
  • Handing over. Get inventory lists checked by the two parties - landlord and tenant and yourself as the agent.

    UPDATE IN 2011.  CEA prohibits "dual representation" by one agent. So, you cannot act for both the Landlord and the Tenant if you want to keep your licence.
EXPATS/SURFERS TO NOTE:
1.  Please CONFIRM with your company and the human resource manager as to whether you are permitted to use asiahomes.com realtors (outside realtors) to book/lease apartments for you. You may have to let your company know that you wish to use outside realtors if you feel you receive unsatisfactory service from company realtors. However many Singapore human resource managers have firm policies stopping you from doing so. 

2.  Please note that we do NOT provide telephone numbers of Serviced apartments or any of the Singapore condos and developments to expats/overseas callers phoning us wanting to know name/tel of the developer or tenant. 

Please do NOT phone 9668 6468 or get persistent/irritated trying to get the tel numbers. Our answering service operator doesn't have them personally.  He just takes down your name and telephone number and gets the asiahomes.com realtors to contact you later after finding the rates for you.

The agents provide a free service to expats/secretaries needing serviced apartments without the hassle of booking themselves and doing paperwork. They contact the operators of Serviced apartments, get the best rate and book for the expats.

They may  bring expats to view the units of any serviced apartments if expats are willing to pay a service fee of S$300.  Please try NOT to abuse this service if you just wish to shop around for the lowest rate and then book the apartments yourself or with your own agent.

3. Re-send your e-mail if there is no reply. Asiahomes.com gets 4,000 junk mails daily and these have taken up the allotted space from the service provider. Your e-mail may bounce back to you in such cases.
Asia USA Realty (Singapore) asiahomes.com 
Pte Ltd.  Website:  asiahomes.com
Blk 1002, Toa Payoh Lor 8, #01-1477, Singapore 319074. Republic of Singapore
Estate Agents Licence No. L3007306B
Salesperson Name/Registration No.  Sing Kong Yuen/R030822Z

Asia USA Realty (Singapore) asiahomes.com Pte Ltd
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