Sub letting a condo in Singapore

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wtlives
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Sub letting a condo in Singapore

Post by wtlives » Sun, 12 Sep 2010 5:14 pm

Hi there. My wife and I have been in Singapore 6 months but due to unforseen circumstances will be heading back to Australia in November or December.

We need to find a sub let tenant for our 2 brm condo apartment in Novena/Cambridge which is allowed - subject to landlords approval - under our tenancy agreement.

Does any one have any advice on how we should go about this? Should we use an agent or try to go it alone in finding a tenant?

I have looked on most of the ex-pat forums etc but it seems that this is not a very common practice - or is it?

Any advice would be greatly appreciated!

Cheers.

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singaporeflyer
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Re: Sub letting a condo in Singapore

Post by singaporeflyer » Sun, 12 Sep 2010 6:50 pm

wtlives wrote:Hi there. My wife and I have been in Singapore 6 months but due to unforseen circumstances will be heading back to Australia in November or December.

We need to find a sub let tenant for our 2 brm condo apartment in Novena/Cambridge which is allowed - subject to landlords approval - under our tenancy agreement.

Does any one have any advice on how we should go about this? Should we use an agent or try to go it alone in finding a tenant?

I have looked on most of the ex-pat forums etc but it seems that this is not a very common practice - or is it?

Any advice would be greatly appreciated!


Cheers.
If it is legal for you to sublet the condo they why dont you put up an ad for rent in the papers Classified Section?

carlsum1986
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Post by carlsum1986 » Sun, 12 Sep 2010 8:46 pm

what is your rent like?

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Mad Scientist
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Re: Sub letting a condo in Singapore

Post by Mad Scientist » Wed, 15 Sep 2010 6:02 am

wtlives wrote: Does any one have any advice on how we should go about this? Should we use an agent or try to go it alone in finding a tenant?

Cheers.
First of all , if you wish to sub let make sure your sub lessee is not an illegal immigrant or overstayer. You have to make sure their FIN number is valid by MOM by going to their website to confirm they are legal to stay and work.
Since your LL allows you to sublet under your TA, please ensure the above is done properly as the penalties are severe for all involved.
Be it a long haul or a short lease, the local papers under classified ad will be a cheaper way to go . Agents will charge a commission depending on the rental per month..
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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sundaymorningstaple
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Post by sundaymorningstaple » Wed, 15 Sep 2010 10:17 am

Further to MS's post, here is where you can check for the validity of a potential sub-tenant's residency status......

VERIFI
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

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Post by carteki » Wed, 15 Sep 2010 2:49 pm

In your situation I would try as far as possible to get the new tenant to take over your lease and not sub-let. That way the contract between you and the LL is finito and if the new tenant doesn't perform then it is not your problem (especially if you are trying to manage this from afar). Same outcome; very different responsibilities.

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sundaymorningstaple
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Post by sundaymorningstaple » Wed, 15 Sep 2010 4:40 pm

carteki wrote:In your situation I would try as far as possible to get the new tenant to take over your lease and not sub-let. That way the contract between you and the LL is finito and if the new tenant doesn't perform then it is not your problem (especially if you are trying to manage this from afar). Same outcome; very different responsibilities.
Excellent point!
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

fujiwater
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Post by fujiwater » Wed, 15 Sep 2010 5:07 pm

Hi wtlives,

I'm moving to Singapore in November, and looking for a place starting 4th / 5th of December.

I've sent you a PM - please check!

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