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Asia USA Realty
16 Mar 2012
Focus: We get for you affordable Singapore homes.
Rent or Investment
FIFTH AVENUE CONDO
Completed: 1998. 40 units
1-bedroom + study: 95 sq m, 96 sq m
2-bedroom + utility: 108 - 149 sq m
3-bedroom + utility: 138 - 165 sq m
Maisonette 4-bedroom + utility: 202 - 206 sq m (2 levels).
Finishes: Living/dining - marble. Bedrooms - wooden strips. Light yellow
imported slate-like tiles in the passageway, giving condo a high class look. Built-in
wardrobe, kitchen cabinet, cooker hob & hood, air conditioning. Balcony
in some apartments.
Facilities: Swimming pool, no tennis or squash court, small gym,
playground, barbecue areas, 24-hour security, separate audio and visual intercom systems.
A spacious pleasant lounge for residents to relax. Condo has foot-bridges over clear
running water, clay-type figures sprouting waters and small ponds amongst landscaped
garden, evoking a resort ambience in this small development.
RENT BY OWNER
Units for rent or sale, tel +65 9668-6468, e-mail
TIPS FOR LANDLORDS
following case study, written in 1998, may help Landlords who do not wish to rent at
the lowest rental. However, they will need to have deep pockets and lots of patience.
Usually, a quality condo rents out later and involves
an additional renovation/upgrading cost of at least S$20,000.
Client: American male, aged around 30 years old. Computer Science graduate and
will be regional chief exploiting Internet for the company to benefit customers directly.
A very intelligent customer by-passing the middle man.
Landlord: Singaporean lawyer aged over 50 years old. A very intelligent Landlord
judging by one fact that he gives the Realtor the access card (direct from the private
lift of Costa Rhu) to his apartment and the key to the door inside the private lift lobby.
In this way, the Realtor cannot duplicate keys since he needs the access card and even if
he does duplicate, this key will not open the other 2 doors to the condo (one outside the
private lift) and one outside the public lift. All Realtors have to sign a form before
collecting the keys from his house for viewing and returning them soon. As there are many
Costa Rhu units, he did not have the luck to rent out his condo although he contacts all
Realtors in Singapore.
He has deep knowledge of Information Technology. His peers will still be dictating to
Secretaries correspondence and be wary of computers while his Palm Pilot 3 is instant
information in his pocket.
Thursday July 30, 1998
"I am already in the condo," reminded
Landlord Mr D as it was just past 2 pm. His unit was the first to be viewed and he was
asked to switch on the air conditioners one hour in advance to make the prospective Tenant
feel comfortable. Asia USA realtor had a feeling that his unit would be appropriate as it
had an extra 41 electrical, telephone and power points but much depends on the Landlord's
personality now and the working partnership of Landlord-Realtor.
The client is Internet savvy and would be demanding as well since he has used Internet
to gather all information about the rental decline in Singapore, besides his private
contacts. Email correspondence indicated that Costa Rhu condo may be his kind of cool
Subject: Re: Upcoming visit with XXX
Date: Sun, 02 Aug 1998 08:27:48 +0000
From: David Sing <email@example.com>
Organization: Affordable homes for expats - www.asiahomes.com for tips/Singapore
rentals/pets. Asia USA Realty Tel: (65) 9668 6468, (65) 254 2728, 254 3326, Fax: (65) 256
Nassim Woods may interest you because of prestige and location. Trying to get cheaper
than $8,500 for 3 bedroom. We will be viewing on Monday 3 pm.
Thanks Mr Sing - How should I contact you once I arrive in Singapore?
David Sing wrote:
Your specifications seem to indicate a new condo with full condo facilities, resort
ambience. I guess your son and wife will love the Costa Rhu (OLIVA) facing the
river and sea! Please check out (if you have time) some photos of COSTA RHU in
www.asiahomes.com, Surfers' Mummy Tips- AFFORDABLE HOMES FOR EXPATS - Romancing the
Kallang River. Taxi ride 10 minutes to Somerset.. MRT around 30 minutes to Somerset but
you get the green, the waters, the resort ambience, the fresh air compared to city living.
There is a ground floor unit 4+1 rooms, 2200 sq. ft, which may suit you or a higher floor
with water views 100% from living and all bedrooms. Around $7,000 rental fully furnished.
Other units too. Will keep in touch and looking forward to meeting you.
Thanks for the reply -- Here are more details on my needs as requested.
(All Singapore Landlords love
couples with no children as there will be less wear and tear of condo).
2 - 4 bedrooms
- Husband /Wife with frequent visits from Son (7 yrs old)
(rental budget can support a
3- or 4-bedroom, no point wasting time on 2-bedroom condos).
(Caucasian usually refers to
views of nature or unblocked city views present from living rooms in high floors).
Pool (resort-type apartment)
- American amenities/appliances if possible
(old condos are out as their
swimming pools are not landscaped and are usually rectangular).
Close to PUB building in Business district (Somerset) where I'll be working.
(Decent-sized balconies for
expats to put a table and 2 chairs and relax).
(New condo will have higher
success rate in closing)
- Close to Orchard /American Club would be nice
(Most Realtors think that
$8,000 will close and they get the highest agency fee from the Landlord but listen to the
Tenant carefully to be successful)
- Looking for something in the S$6,000 - S$8000 range
I'll let you know where to contact me once I know the
hotel in which I'll be staying. (should know this week)
David Sing wrote:
Pl let me know more requirements like rental budget, location of office and home, near
subway, house or condo etc. so that I can qualify properties you want. Otherwise, it may
waste a lot of your time.
Good day Mr. Sing.
My name is XXX and we have corresponded several times in the past. I have returned from
holiday and am planning a trip to Singapore the 1st week of August. As you may recall, I'm
a US Expat that will be moving in September with my family from Dallas Texas. I'd like to
see several properties while I'm in town.
Please reply to me at your convenience with information regarding the services you
The Landlord was eloquent and his condo has much more than
any other Costa Rhu condos could offer such as:
I have an expensive wife" Mr D complained lovingly about his 19-year-old marriage.
Bidets in the bathrooms of the master bedroom and the powder room. Since the bathrooms
have no space, the bidets are long hoses costing $300 each. (meaning of "bidet"
- a low bowl-shaped porcelain bathroom fixture equipped with running water, used for
bathing the crotch - the place where human legs fork from the body). Bidets are common in
European hotels but Americans and Singaporeans seldom know what they are for and how to
spell the word! This fixture may be a selling point to the Europeans and the Landlady was
not in favour of their installation.
Wall mirror at the lobby of the private lift for last-minute checks on appearance before
Natural sandstones from Italy to adorn the 2 sides of the wall mirror.
An air conditioner in the utility area. None of the Costa Rhu Landlords will install
this air conditioner in the utility room. "The "dog house" where the
American husband is banned to when the wife is angry!" said the Client. "For
your mother-in-law?" remarked the Landlord.
Utility room also has a folding table for the maid to iron clothes or write letters in
Glass windows covering the space, to prevent the hot air from the air condtioning
compressor from coming into the utility room.
Extra matching grey and light yellow kitchen cabinets bought specially from the
contractor and imported from France.
Wooden louvred doors below wash basins and in some bathroom windows enhancing the beauty
of the residence. Developers do not provide such doors.
At least 3 German imported glass shelving on the side of the walls of the bathrooms for
putting toothpaste and brushes. Developers do not provide such items.
Soap containers on the side of walls in bathrooms.
- The 41 extra power/telephone points.
- A power point above the light cover of the bathroom for the shaving kit as the Developer
has not provided one.
- Re-positioning of the Singapore Cable Vision in the master bedroom so that the Tenant
can see the sparkling green river or the neon lights of the Oasis Restaurant at night.
Many 4+1 Livonia units have cable television points located such that the beds face
another condo or the walls.
- Wardrobe outside the rooms for winter clothing and a hidden upper compartment for
additional storage or to hide something.
- Blinds in addition to quality day and night curtains. The Landlady spent a lot of money
on full length quality curtains. Many Costa Rhu Landlords install half-length curtains,
just above the ledger of the bay windows and the effect is not so homely as full length.
A genuine Mariner's Lamp (with light bulb) hanging from the ceiling of the balcony of
the Living Room, appropriate for a water front condo.
Over 30 minutes were spent and the prospect was
impressed with the Landlord's quality fixtures and the 41 points which he could not find
in all the condos and houses he viewed for the next 3 afternoons.
Saturday August 1, 1998
"Please schedule an evening to
view the condo at night - it is very romantic!" said Landlord Mr D as none of Asia USA Realtors had experienced night viewing of
the Kallang River. The Landlord followed up with reminders and we made an appointment at
6.30 pm at the Condo. Big dark rain clouds were gathering. The Landlord and his wife
invited us for dinner as it was too early. It was a nice Teochew Restaurant serving
Tsingtao stout but no beer, and therefore denying the pleasure to the Landlord. Over 2
hours were spent with the Landlord reinforcing the quality fixtures and photographs of the
black river by Asia USA Realtor for the Tenant's wife (in the USA). A pleasant stroll to
the Playground fronting the river at 10. 30 pm. An opportunity for both Landlord, landlady
and Tenant to get to know each other.
The competition was from The Bayshore with its air conditioned Clubhouse, the
established landscaped resort pool ambience and several Caucasians lazying around the
beautifully designed pools on the Friday evening we visited. Also, 2 detached with
sufficient garden space for the Tenant's Siberian Husky dog and area for his 12-seat
Sunday August 2,
The Client invited the Realtor for dinner to discuss further. Top of the list was Costa
Rhu but he also like a penthouse in The Bayshore. Nassim Woods Condo was impressive. The
Tenant's wife had not seen the condo and as with all good American husbands, the wife
needs to be consulted or to see the place. He would like a car and maid's package
He would like to discuss further with Mr D as he did not want to tie down to a condo
for 2 years when rentals are falling. He was thinking of a one-year lease so that his wife
would not need to see the place. He was reminded to invite the Landlord's wife for dinner
as well at a place where Tsingtao beer would be served!
Monday August 4,
Mr D was appreciative that his wife was invited and the Client had reciprocated his
dinner invitation earlier. Negotiations were tough and we were "chased out of the
restaurant" at 10.45 pm to continue at the Client's hotel (where loud band was
playing) and to his room .
At one time, the Client agreed on $7,000 with car and maid package. Final rent was
agreed at $6,400 for 2 years. The Landlady played a crucial part in negotiations and
moderating the husband's worries about not getting the $7,000 target.
With both parties happy, we left at near midnight. The lawywer Landlord has his
computer to send the lease agreement by email to the Client who would be leaving at 7 a.m
and reaching Texas to receive the agreement.
Conclusion. The quality of the condo and the friendly personality coupled
with a sense of humour of the Landlord help considerably in closing. All 3 bedrooms face
the river and North and the anti-stress feeling from the 8th floor was evident.
The Internet Chief appreciates the 41 power and phone points.
Eventually a value for money approach with car allowance and maid's package to
offset the distance from Orchard Road closes the deal and a lease for 2-year rental. It
was real hard work for the Landlord who, as in many cases, has 2 prospective Tenants at
one time when there was none for the past 3 months. The alternative was an eldery couple
offering $6,000 rental and wanting a $6,000 furnishing allowance. The Landlord's wife
played a significant role too. The Realtor had 3 free dinners (very unusual) and was
responsible for photography of housing.
(condo & house details) has some of the details of the
Tel: +65 9668-6468, e-mail
firstname.lastname@example.org for viewings
We provide a convenient and usually free services to expatriates and
their office people looking for Singapore rentals/investments or
short-leases and don't have time to do the negotiations and phone calls.
Subdivisions (Singapore condo & house details of interest to
expats). Or short term leases at
Serviced apartments - Phone/text 9668-6468,
or fax house-hunting form to us at 6256-0501 and we will contact you
within 24-48 hours. Mobile Tel: +65 9668-6468 to get immediate answers
to your queries or make appointments to view apartments when you arrive
We are NOT able to update daily as properties are hot and rented
out/sold out fast. Tel: + 9668 6468, 65 6254-3326. Fax: +65
6256-0501 to get more info.
E-mail: email@example.com to get a list of housing/serviced
apartments or to view housing in Singapore.
ŠAsia USA Realty (Singapore) 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
Homes For Expatriates