rent to own in Singapore

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hob2005
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rent to own in Singapore

Post by hob2005 » Sun, 20 Jul 2008 8:23 pm

I am trying to decide between two relocation options to SIN, so appreciate any guidance.

One is inclusive of housing, the other without it, but a smaller cash component. without being too specific the cash component could be about 1/2 of the rent allowance.

i am wondering if there is any way to structure a rental contract with an ironclad option to sell at a lower price (fixed or some amount below valuation) so that it would be personally useful to get a higher rent allowance.

i intend not to leave singapore, so want to buy a home at some point when i can exhaust my company rental allowance.

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QRM
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Re: rent to own in Singapore

Post by QRM » Sun, 20 Jul 2008 8:47 pm

hob2005 wrote:I am trying to decide between two relocation options to SIN, so appreciate any guidance.

One is inclusive of housing, the other without it, but a smaller cash component. without being too specific the cash component could be about 1/2 of the rent allowance.

i am wondering if there is any way to structure a rental contract with an ironclad option to sell at a lower price (fixed or some amount below valuation) so that it would be personally useful to get a higher rent allowance.

i intend not to leave singapore, so want to buy a home at some point when i can exhaust my company rental allowance.
The downside of housing being provided, the firm really have you by the short and curlys. If you take the cash option you can buy or rent your own place and should things not work out with the current firm or you get head hunted its a lot easier to jump ship, as your home will not be affected.

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