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Mr. Colin Chan asked on Sep 20, 2016 in General Questions
May I ask if my understanding is correct: The commission for HDB rental agreement is 1 month for 24 month lease and 1/2 month for 12 month. Only owner pay the com and not the tenant. Is...
Robbie Chen Chee Howe Answered on Sep 20, 2016
Hi Colin, Commission is negotiable. There is no rule that states the commission payable. What you mentioned above is the market's common commission structure. Also, there are tenants who pay...
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Anonymous asked on Sep 20, 2016 in Renting Property
I noticed the current rental market is extremely slow. Are we not seeing any foreigners coming to SG? The agents or landlords keep lowering the prices. When will this take a turn in the opposite...
Ivan Ng Answered on Sep 20, 2016
Hi, The general trend is rents are softening due to a slowing economy, tightened foreigner workers entry criteria and ample supply of units for rent in the outskirts area. It is across the board...
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Anonymous asked on Sep 20, 2016 in Condo Questions
Hi guru, is it advisable to take up some personal loan to pay for the 1st payment? Still short of about 30k for the downpayment.
Ivan Ng Answered on Sep 20, 2016
Hi, Generally not advisable as you will incur interest while doing so. But if the unit is really to your liking and you do not want to miss out, you should give it a consideration if you don't...
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