A friend recently moved from one rented home to another. The family of four is still staying in a condominium in the east side of Singapore, but this time a better one - it is newer, bigger, and asking for lower rent too. According to the latest SRX Rental Market Flash Report, rents for non-landed private rentals in October 2015 has fallen 5.7 percent from a year ago. … [Read more...]
Learning to be a smarter landlord
I had my first tenant since 2002. For more than five years, I was renting out four condominium units at the same time. Over the years, like any multiple-property landlord, I signed tenancy agreements with dozens of tenants on both company and individual leases. I had tenants who were Japanese, Koreans, Europeans, Americans, Indians and Singaporeans. Similarly, I encountered … [Read more...]
Attracting good offers in a competitive property market: An expert interview
Date: October 27, 2014 Venue: A condominium unit in Orchard with home staging in progress Interviewee: Kelvin Yeo, General Manager, Singapore Furniture Rental PS = Property Soul Kelvin = Kelvin Yeo PS: The rental and property price indexes of private residential properties have been on the decline since the second half of 2013. There are four to five thousand completed … [Read more...]