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Expat condo owner leaving Singapore

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cooberpedy
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Joined: Sun, 27 Jan 2008

Expat condo owner leaving Singapore

Postby cooberpedy » Sun, 27 Jan 2008 11:22 am

Hello!

We bought a condo apartment last year :D , just before the prices went crazy!!

We plan to leave Singapore in about 6 months and will be out for about 5 years. The current plan is to rent out the apartment for the duration.

Just wondering if anyone can share experiences to help with the following questions:

1. Do you know any good property agents who can take full responsibility for "managing" the rental?

2. What sort of commission do they charge? Does the landlord pay or the tenant?

3. Can the property agents be relied upon to close out all the legal formalities relating to leased condos - I mean registering the tenancy agreement, making rental amendments when necessary, keeping the estate management office in the loop, etc.

Appreciate any advice!

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joop
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Posts: 1099
Joined: Wed, 23 Jul 2003
Location: Central, Singapore
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Postby joop » Sun, 27 Jan 2008 12:06 pm

You can contact Singapore Expats at : Tel: (65) 61000300
Email: enquiry@singaporeexpats.com, we take care of owners properties. That includes execution of documentations, stamping, inventory list. Rental prices revision is normally done so after the expiration of a lease agreement.

The commission from the owners' is one month of the gross rental for a two years' lease.

Please be informed that reference to other real estate agents/agencies are strictly not allowed here.

Do contact us if you need assistance.
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