Tag: Rent

Amid the Covid-19 outbreak, one of the few bright spots for the Singapore property market in March 2020 was the increased rental demand for HDB flats. The main reason for the increase in rental demand is the lockdown in Malaysia, which forced tens of thousands of Malaysians to find temporary accommodation in Singapore. Meanwhile, renewals…

Some landlords only ever want to rent the whole unit; others swear they can get more rental income / better rentability by letting out separate rooms. Which is the better deal? Trick question: there isn’t really a single right answer for every property. It depends on a range of factors, from your tenant demographic, to…

I know some of you guys will be triggered when reading this article, but you need to hear this. Don’t do it.   Don’t buy that $900,000 HDB flat. It will be a disaster for you. Okay, first of all, imma assume you are young and middle class, trying to buy the most expensive home you…

As a homeowner, there are many ways to fully utilise your home. Why not set aside short periods of time, and allow the invasion of a film crew into your house? It is common for those in the film or photography industry to want to rent a home as their set. If you’re willing to…

“Vacancy” doesn’t just apply to an untenanted house – it’s also the state of your wallet, your soul, and your financial future when it happens. You’ll want to fill the void as quick as possible, so here are some ways to do it: Tenant behaviour changes during a downturn Tenants tighten their belts, you’ve already…

As a renter, the dream is to find a condominium that’s strategically located and doesn’t cost an arm or a leg. Think about it: you wouldn’t want to live in a condo that’s in the middle of nowhere, regardless of how affordable that condo is. On the other end of the spectrum, even if you…

In today’s competitive and saturated retail market, what must you do to stay in the game? Here’s what you need to know before opening a retail store: 1. Rent or buy? Should you buy or rent the retail space? If you have the capital, buying enables you to own your own space; therefore, you have…

Opening a shop? Great. Paying the rent? Not so much. Before you dive into opening your store, here’s how to make sure you picked an affordable option: 1. Are you sufficiently capitalised for 12 months, after factoring in the rent? Under-capitalisation is one of the the main causes of a new business failing. In general,…

Every day, we pick a piece of property jargon to demystify on 99.co. Today, we’re looking at the annoying MOP that faces HDB flat buyers: What is the Minimum Occupancy Period (MOP)? When you buy an HDB flat, you are subject to a five-year MOP. During this time, you’re not allowed to: Sell your flat…

Growing up, we’ve all heard about the five Cs. Singaporeans are obsessed with getting cash, car, credit card, condominium and country club membership. But are we familiar with the five Cs of Housing? 1. Capital Buying a house requires money. And depending on the type of house you choose, that amount varies. If you are…