Every month a prime-district unit stays vacant costs more than the commission on letting it properly. I price it against real comparables, qualify the tenant properly, and manage the lease so the asset comes back to you in the condition it left.
Talk about your unitMost of my leasing work is for owners of prime-district condominiums and landed homes, and for corporate landlords letting to relocating executives.
Asking rent set from actual signed leases in your development and district — not portal asking prices, which are wishful by definition.
Prime-district tenants are corporate lets, relocating executives and expat families on packages from S$8,000 a month. Reaching them is a different exercise from mass-market listing.
Employment, income, pass validity against the lease term, and the covenant of the paying entity for corporate lets. The cheapest problem is the one you decline at the outset.
Diplomatic clause drafted from the landlord's side, deposit and reinstatement terms, inventory and condition records that hold up when the tenant leaves.
Documented handover both ways. Most deposit disputes are lost at check-in, not check-out, because nobody recorded the starting condition properly.
Reviewed against market well before expiry, with a clear recommendation to hold, adjust or re-market — rather than renewing on autopilot.
For a two-year lease the commission is customarily one month's rent, payable by the landlord; for a one-year lease it is typically half a month. GST applies. I confirm the fee in writing before any marketing begins.
In a normal market a correctly priced unit in Districts 9, 10 or 11 should draw serious viewings within two weeks and secure a tenant within four to six. If it sits longer than that, the issue is almost always price or presentation, not demand.
Employment and income verification, pass status and validity against the lease term, and reference checks where appropriate. For corporate lets I check the covenant of the paying entity, not just the occupant.
I review the unit against current market rents well before expiry and advise whether to hold, adjust or re-market. Most landlords leave money on the table by renewing on autopilot, or lose a good tenant by pushing too hard.
Tell me the development, the size and what you are asking. I will tell you plainly whether it is priced right and how quickly it should move.