Helpful Tips About Houses For Rent In Singapore
Posted Date: Jul 26, 2008
By: iProperty.com
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Whether you are an expatriate stationed in Singapore for a period of
time, a bachelor looking for your own pad or urgently need a place to
stay but are unable to afford a whole new home yet, then renting in
Singapore would be the most viable option you have. There are many
things to look out for when renting a house, so these helpful tips
about houses for rent in Singapore will definitely come in handy when
you should decide to look for one.
When choosing a house to rent, consider its location and the facilities
located nearby. Take into consideration your work place, your
children’s schools, the estate’s environment, and quality of furnishing
that exists in the area. Does the rental price justify the convenience
that comes along with it? More importantly, is the rental price within
your budget? Having a checklist of these factors will definitely be
useful in helping you decide on your preferred location and the type of
housing suitable for you.
Rental properties can come either fully or partially furnished. As
such, it is important that you find out if the rented property is able
to meet all your needs. Also, take into consideration other expenses
such as your electricity and telephone bills as they form a large part
of your total monthly expense. This is because they will affect the
amount of money you decide to spend on rental and home maintenance each
month.
After finding a suitable property to rent, you then have to submit a
“Letter of Intent” to your future landlord. It is part of a formal
procedure that is carried out to indicate your intention to rent the
house, all which will usually be covered by your property agent. Both
the landlord and you, the tenant, will then sign a “Tenancy Agreement”,
bearing the names of both parties, payment details and an inventory of
the contents in the house for example. You will also need to provide a
copy of your passport, employment pass as well as the first month’s
rental fee as an initial deposit.
There are also other fees and commissions that need to come out of your
pocket when renting a property. For instance, both you and the landlord
will need to pay the agent’s commission, usually in equal amounts. You,
the tenant will also be required to pay a stamp fee, which varies
according to the annual rent of the property. Also, Singapore Power
Services (SPS) will usually require you to make an initial deposit
before providing you will your utilities. The exact value will depend
on the type of housing you have as well as your citizenship type.
Thus, whether you are looking for a HDB flat, Condo, or various types
of landed properties, renting in Singapore today can be made easy if
you know these helpful tips about houses for rent in Singapore. As
such, whether you are single or married, renting a house is no
difficult task if you know what to look out for and the proper steps to
take.
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Comments:
anonymous said...
Do I pay the agent commission if I rent a room share with 2 other people?
July 01, 2010 7:40:00 PM
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anonymous said...
release 1979 burning began
February 01, 2010 5:10:00 PM
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anonymous said...
running domestic decreases added
February 01, 2010 5:07:00 PM
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