It is more convenient and beneficial for them to stay in a private home which provides easy access for transportation, there very own choice of location, financially affordable and many more benefits that they gain.A survey which was conducted in 2015 about the short term stay hosted by public consultation was able to show that majority of people who responded of this criteria were supportive towards the minimum stay duration reduction which was stated by the Urban Redevelopment Authority (URA).The URA further went on to mention that a minimum stay of three months would be a sufficiently appropriate limit which would not create an impact or hinder the residential communities.Though the authority has given their green lights on the 3 months minimum rental period, short term accommodations listed in portals such as Airbnb that are less than 3 months are still not allowedMr. Monthly rental price – the Letter of Intent will state the amount of the monthly rental price. Convenience, price, privacy… what should you consider when choosing a place to rent?Although the minimum rental period in Singapore is three months for private property and six months for HDB flats, most places will lock you in for a year, or even two years.

So what is the minimum rental period in Singapore? Armed with a browser and the Internet, check online property portals, such as As mentioned earlier, a conventional lease term is between one to two years. Either or, to each his own.From a very local HDB flat, to condominium apartments, terrace houses and bungalows, it is important that you can live comfortably in it, and that the cost of your rent doesn’t take up more than 30-40% of your monthly salary. Expiry of the Letter of Intent – this letter will need to have a clause to specify a period within which the Landlord must sign, or it will otherwise expire. If you don’t know where to start, the The distance to civilisation, of course, is the time it takes to get you to your workplace/college/mall/kid’s school/gym/neighbourhood food court, depending on your priorities. It is currently not illegal for guests to stay in Airbnb properties in Singapore. Very simply, the minimum rental period in Singapore is currently at 3 months for private condominiums, apartments and landed homes. What they thought they wanted was a condo with a 7 day minimum rental period. Rental Period MORE than 4 years (48 months) Total rental divided by the number of years (average annual rent) Then use the above answer x 0.016: then round down to the nearest dollar.

Also, the landlord should do a one-time servicing of the unit before handing over the apartment, including general cleaning, necessary repainting, air-condition servicing and the likes.Be sure you are getting what you bargained for, before signing on any dotted line.The good thing about renting is that you get to try on different neighbourhoods. Keep your options open and don’t rush the process.If you’re a newcomer to the island, it’s worth exploring shortlisted neighbourhoods to get a feel of the amenities available within the area. You can do so on the IRAS e-Stamping portal, or … Press Esc to cancel. It has been confirmed and finally announced formally by the Urban Redevelopment Authority (URA) that the minimum rental period would be made shorter from six months to three months. The Olympic-size pool may look superbly inviting, but why pay for it if you’re going to be constantly travelling? Quiet, tranquil environments may be a little off the beaten path and transportation might not be that convenient. Standard agent commission is 50% of a month’s rent for each year of contract, with certain exceptions.Or consider DIY. Do feel free to give us a call today!