Pardon my bad English. Bad habit of mine.sundaymorningstaple wrote:thismyvoice,
Not to be a pendant or spelling Nazi, but did you mean to use a illogical word denoting a double negative within itself? Irregardless has a negative prefix and also a negative suffix, thereby connotating the original word regard. So are you trying to say they won't stay if there is a price change?
Actually not, you just have to know the areas to look, mostly the older type buildings that are due for renovation or enblock sale. I only paid 800$ a month for a 3 bedroom 1800sq ft, when i came in 2004, though that was around Jalan Lokam on paya lebar rd. The block is still there and rents are around 12 to 1500$, though no idea if any are empty.revhappy wrote:I am searching for new house to rent. The agents just told me that rents are shooting up again. The recent rule that owners have to stay in their house for 5 years before renting it out, has badly affected the supply of units.
Also now most units in the market are going to be un-approved and approved units rents are going to go above the roof.
What a bad time to look for a lease
6000 are licenced 30,000 are not! Those that are licenced, I will leave a ? when it comes to dealing with them. Too late to try and rectify what's been done! The image will stick for the next generation or until tenants get legal rights, think of it this way, they are all fingered! Which means they have a lot of repair work to dolisalisadc wrote:Real Estate Agents are not licensed in SG. Total crap imo. Some regulations for Agents begins next year.
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Yeah, and Serviced Apartments do that too for some odd reason, or else it's the fright of seeing one's tenants outraged upon finding out that some pay drastically more than others.x9200 wrote:Unfortunately not in Singapore. Here ppl will wait suffering obvious financial losses just not to rent it below the price they think would be right. This is nothing but the greed mentioned already earlier. This, plus a fear that if they rent with the price too low it would make them loosing their face.
Is there a "I agree with this but it doesn't mean I like this" button?mummy mantras wrote:It's a money-making game that everyone wants to play, as long as they think they have enough cash to do it.
A friend of my husband actually does it for a living... He used to rent older and slightly dodgy places (houses, condos, etc.) for periods of 5 years or more. Then, he'd improve the interior slightly (coat of paint on the walls, new kitchen cabinets, cheap but cheerful Ikea furniture, etc.) and then rent it out again to someone else for 2 or 3 times what he's paying for it. Then, he's pocket the difference and use the money to fund yet another flip scam somewhere else. In case you're wondering, during this period, he'd live in some other cheap rental unit somewhere (usually with cockroaches and a mouldy sofa for company) or he'd go back to his parents' place and crash in their spare bedroom (he's their only son, so they're pretty forgiving).
Eventually, he accumulated enough cash to put a downpayment on a beautiful $2.2 million Peranakan-style conservation shophouse in Katong, and just as we all thought he'd move in there with his new wife (he'd somehow managed to convince his long-suffering girlfriend to marry him). He promptly moved her, their 2 dogs, and all the household possessions that they'd purchased so far back to his parents' place, because he'd gotten such a good rental offer on his new house!
Needless to say, his wife was pretty pissed... but he says that this is the way the game is played in Singapore! Sigh...
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