Real Estate, Balmoral Court Apartments, Rental Houses, Apartments, Condos, Homes
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Last updated: 13 Nov 2000
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|Tips for first-time Landlords.||You Got
||Be the FIRST to rent to Expatriates with one worldwide affordable $13.50/40 word/90 day advertisement in www.asiahomes.com|
Company lease with no diplomatic clause.
1-bedroom: 58 sq. Top floor (4th) has a loft (attic for guest/storage) & balcony.
2-bedroom: 98 sq.
3-bedroom: 110 sq. m (approx.).
Balmoral Road, 15-minute walk to Newton subway & Orchard Road.
Interiors: Living/dining - ceramic tiles. Bedrooms: parquet.
Facilities: Swimming pool and laundry room.
Competitors: None for short-term lease and at such low prices in prime district 9. Caucasian expats with budgets may like this development. Old stoves, some rusty, will be cleaned up but do not expect much. Landlord will provide clean accommodation.
Prime location, short leases & swimming pool are an attraction for budget conscious expatriate families and singles. Contact email@example.com
Will you rent to a Landlord who does not accept the diplomatic clause and wants to break lease anytime?
|September 6, 1998
To: The First-Time Landlord
This report is meant for the first-time Landlord.
Singapore Landlords prefer Company leases as they think that there is less hassle and more security. However, there is a type of corporate lease which may leave them vulnerable and you may be better off with a personal lease.
For example, the Singapore Airline, a solid financially
strong company well known globally gives short notice (i.e. one month) to vacate the
|Another company is Olam
International which wants to give monthly notices at the commencement of lease.
It is up to the Landlord to assess and take the risk as the Tenant can legally give you one-month's notice after living in for a few days!
If your condo is "rentable" (location good, views excellent, quiet,
near subway), try to get a lease with diplomatic clause, rather than take risk as rentals
are expected to decline further.