❤ Rooms Rental In Singapore ❤ Contact Karyn @ 91688123 Now!: Whampoa Drive Blk 98 Common Room

Friday, October 9, 2009

Whampoa Drive Blk 98 Common Room

Fully Furnished without Aircon
$450 For Single Only
Prefer Female Tenant
Convenient, Amenities Within Reach

Buses To Novena MRT
Near Bus Interchange
Bus Services : ( 21, 124, 125, 131, 139, 186 )

Very Friendly & Nice Single Chinese Male Owner
A M'sian Couple Tenants In The Other Common Room

Please Contact:

If happen the location does not suit you, Please Do Not Hesitate to check out this website @ http://www.hdbterminal.com/newsfeed which might have the location you are looking for.

Please contact
Karyn @ 91688123 for Viewing.

Please sms me if you can't reach me thru my mobile, I will get back to you at the most possibly time.

如果我无法即时接听您的来电，
请发个简讯给我，
我会尽快在最短的时间内回复。谢谢！

Thanks & Warmest Regards,

Karyn Lim
Associate Manager
DWG
GTA-UNITED

Contact : 9168 8123
Email : karyn@hdbterminal.com
Msn : karyn23lhx@hotmail.com

Frequently Asked Questions

Q: What are the required documents needed to rent?

A: After you have decided to rent your ideal property and you will need to prepare the following:
- Photocopied passport
- Photocopied employment pass
- One month's rental for the good faith deposit
Your agent will then prepare the necessary documents for you such as the Letter of Intent and Tenancy Agreement.

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Q: What is a Letter of Intent (LOI)?

A: The Letter of Intent, LOI for short, is a letter proposing your intention to lease the property. It will also state your requirements to the landlord. You should take note of the following:

a) Diplomatic Clause
This clause is to safe-guard you in the event that your employment is ceased or you are transferred to another country such that you can terminate the lease after 12 months by giving 2 months notice. Thereafter, the security deposit will be refunded to you. Please note that most landlords will only include the diplomatic clause if the lease is more than a year.

b) Good faith Deposit
This is the booking deposit; usually the amount is one month's rent. After the landlord signed the Letter of Intent and accept this deposit, he cannot rent the property to other party. This deposit will become part of the security deposit or advance rental after the Tenancy Agreement is signed.

c) Security Deposit
The amount of the security deposit is usually stated in the Letter or Intent. The standard practice in Singapore is usually one month's rent for every year of lease. It will only be payable upon signing of the Tenancy Agreement. When the lease term ends, the deposit will be refunded without interest. However, the landlord reserves the right to deduct from the deposit all costs and expenses arising from the tenant for breaching any of the covenants stated in the Tenancy Agreement.

d) Term of Lease
In Singapore, the standard lease period is more than 1 year, with or without an option to renew the lease. The lease renewal is usually for another 1 to 2 years. For the lease renewal option, the landlord would normally require that you give 2 or 3 months' advance notice of your intention to renew. Most landlords will not accept leases that are less than 1 year.

e) Your Requirements
Ensure that all your requirements and requests are clearly stated in the Letter of Intent. For example, such as requesting a new sofa, new bed or new washing machine etc. After the landlord had signed the Letter of Intent, he is bound by the Letter to provide you the requests.

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Q: What is a Tenancy Agreement?

A: After the Letter of intent is duly signed, the landlord’s agent will prepare the Tenancy Agreement. Any legal fees incurred for the drawing up of the agreement is usually borne by the tenant. However, if the landlord's agreement is prepare by the agent and is acceptable, there will usually not be any legal fees involved. You will need to prepare the rest of the security deposit and advance rental upon signing of the Tenancy Agreement.
- For 1 year lease
* 1 month's deposit and 1 month's advance rental.
- For 2 years lease
* 2 month's deposit and 1 month's advance rental.

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Q: How is professional fee (commission) calculated in a rental transaction?

A: One (1) month's gross rental for lease of first twelve (12) months or up to twenty four (24) months, and an additional one half (1/2) a month's gross rental for every subsequent twelve (12) months' lease or less. One half (1/2) of a month's gross rental for less than twelve (12) months’ lease.

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Q: When is commission due?

A: Commission shall become due immediately upon execution of the tenancy agreement by Landlord and Tenant.

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❤ Rooms Rental In Singapore ❤ Contact Karyn @ 91688123 Now!

Friday, October 9, 2009

Whampoa Drive Blk 98 Common Room

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