What’s the biggest headache of first time landlords? Slow economy? Soft market? Sibor rise? Bad agent? No tenant? Try again. If you had been a landlord before, you would agree with me that no tenant is still better than bad tenants. As the saying goes, being single is far better than being stuck in a bad relationship. Another tenant from hell Last month I … [Read more...]
What’s on the mind of property investors: 5 things everyone wants to know
On October 1, seven property investors and four industry experts joined the Property Investor Roundtable Luncheon jointly organized by Knight Frank and Property Club Singapore. As property investors, we are interested to pick the brains of industry experts, compare notes with our peers, and find out what's on the mind of fellow investors. How we qualify the savvy … [Read more...]
Is No Indian No PRC rental discrimination?
Right after settling a social media boo-boo created by an Aussie employee, 99.co's CEO Darius Cheung was quick to divert the media's attention to another sensitive topic - the alleged discrimination of Singapore landlords on Indians and PRC tenants. Telling his story in a blog post, Darius shared how they had been rejected by 20 percent of the landlords just because his wife … [Read more...]
Property Tool Review: SRX’s Sevi Chatbot
Last Saturday, I decided to try out Sevi, a new property tool newly launched by StreetSine Technology Group . It would be good to know whether it is useful for a first-time buyer or an ordinary property investor. For your information, Sevi (Search, Evaluate, Valuation, and Initiate transactions) is an AI (Artificial Intelligence) chatbot that answers property questions from … [Read more...]
5 tips to negotiate for a good bargain (part I)
In a tenants’ market, it is commonplace to see tenants bargaining with landlords for a good rental deal. I shared a private apartment with two flatmates between the years 1999 and 2003. The 1,700 sq ft flat previously tenanted at $2,500 was let go at $1,800 a month after being left vacant for some time, despite the fact that the owner was paying $2,500 every month for the … [Read more...]