If this sounds lengthy, it is lengthy. Some basic information on the tenancy process in Singapore (with comments incorporated of course from yours truly).
For sharing with all on this forum.
The purpose of this guide is to help the reader to gain sufficient knowledge on the process of renting a unit or a lesser extend a room, be it HDB flat, condominium
or landed in our bright and sunny Singapore. It also contains the more common terms and conditions of a tenancy agreement between the landlord and tenant such that you can avoid sue or being sued - the unnecessary hassle of having to go through a protracted legal dispute with the other party.
Renting residential property
in Singapore is often viewed as a daunting process, more so for those unfamiliar with the various types of property. Just the drafting of a rental agreement may seem easy and innocuous to the ordinary man. However, one shall not forget that ignorance often comes with a heavy price-tag. Read on to save your skin if you a total newbie here.
Pre ââ‚¬˜Tenancy Agreement Processââ‚¬™ Considerations
Step 1 ââ‚¬“ Eligibility
a) Before making a decision to rent a particular property, check if you are qualified is a priority, only the categories below are allowed to rent:
o Singapore citizens;
o Singapore Permanent Residents; and
o Non-citizens legally residing in Singapore (holders of Employment Passes, S Passes, Work Permits, Student Passes, Dependent Passes, Professional Visit Passes, Long Term Social Visit Passes).
Step 2 ââ‚¬“ Government approval
ii. If you are planning to rent a whole unit of HDB flat, you must check first and foremost whether the flat is approved for rent by the HDB. (Yes, HDB is the authority on public housing here).
Tips 1: You can request the flat owner to produce the written approval from the HDB
b) For room rental within a HDB flat, no approval from the HDB is required.
Tips 2: Take note that the owner(s) must continue to live in flat during subletting period and to comply with other subletting conditions
c) Renting private apartments, condominiums
or landed houses does not require any approval as they fall under the category of private property.
Step 3 ââ‚¬“ Choosing a reliable agent
b) If you flip the papers daily, you will discover many listing for units or rooms. Thats also what most tenants will tend to do - refer to classified advertisements in the newspaper or property websites. However, you may soon find out that the advertisements are largely published by real estate agents.
c) Locally, we address agents as Real Estate Salesperson (RES), and they are registered with the Council of Estate Agent (CEA). It is a statutory board set up in Oct 2010 aimed to raise the professional standard of agents. It is highly advisable to engage one if you are looking to rent because of the reasons below:
o You find a wide selection through their extensive network of property to suit your every needs and budget;
o You will have ease of mind as the government documentations are taken care off, offering protection to both the landlord and tenant;
o You only deal with the rightful owner engaged through a RES;
ï‚§ Some years back, there were reports of rent deposit being cheated by unscrupulous ââ‚¬Å“landlordsââ‚¬Â