HDB is Singapore's public's housing authority therefore it is under the strict direction of the Ministry of National Development. The Housing and Development Board is an extremely common characteristic of Singapore real estate listings in Singapore with more than 80% of Singaporeans residing in public housing.
Purchases of HDB flats are limited to Singaporeans and Permanent Residents. The ke...Read more
The travel industry is undergoing great transformation. With the rise of serviced apartments and long term rentals,staying in a hotel is rapidly becoming a thing of the past. Renting a regular apartment can be a time-consuming and tedious experience, causing an unnecessary amount of stress. A serviced apartment, on the other hand, will allow you to find stability and security in your new enviro...Read more
Flash estimates by SRX property show a shocking slide in Singapore rental rates. The company estimates that condominiums and private apartment rentals in Singapore continued to lose traction by an estimated 1.6% over the previous month. This brings a sharp decline of 6.2% for 2016 and a eye watering decline of 19.9% over the peak in January 2013. Rentals rates seemed to slide pretty much on par...Read more
With a record completion of over 21,000 new homes launched in 2016 and riding on the back of a sluggish economy, which in turn has led to repatriations, the downward pressure on rents continues with tenants being spoilt for choice.
With the number of vacant units, currently estimated to be 10% of the market, competition between Singapore landlords and tenants has intensified. A reduction in ...Read more
While short-term rental accommodation such as apartments and condo's for rent in Singapore are not permitted the sector remains strong on a global basis.
According to a recent report by Susquehanna International Group (SIG), private accommodation will account for almost a fifth of global hospitality bookings within two years – and the online travel agency giants are tipped to benefit.
In ...Read more
Here is a simple question; Who knows your property best? Your agent or you?
My guess is that you know your property a lot better than any agent. I know mine, much better. I know the history, the improvements, where we spent money, how old the washing machine is, the air-con service history and when the rooms were last painted. I can also bet that I know the local area much better; my neighbo...Read more
RENTALS.SG COMMENTS: The following article appeared in 9News Australia. Guests should always adhere to using drect online system payments and verification tools provided by the established rentals platforms. Systems in place are quite secure.
Police are warning Australians about renting private holiday accommodation this summer as the number of people scammed has more th...Read more
Perhaps it’s just me, but have you ever taken a close look at some of the local property website’s in Singapore? If so, you must have noticed the shocking quality of property photographs that are submitted by the local real estate agents. In fact, the quality is overwhelmingly dreadful and does nothing to present and market a client’s property in the best possible way to attract a tenant rental...Read more
RENTALS.SG, the local start-up and disruptor with the absurdly simple premise to connect landlords and tenants directly with potential savings of thousands of dollars in transaction fees, will launch an aggressive social media campaign in Q1 17.
The message is simple and aimed at bringing awareness to both the brand and the significant savings and service improvements that can be directly g...Read more
Interesting perspective from OCBC. From a landlord pespective, going direct (DIY) and leveraging new rental platforms that save costs makes a lot of sense. RENTALS.SG should benefit landlord looking to rent condominiums and apartments in Singapore as well as commercial and othe residential properties.
“We believe that the current physical oversupply situation would persist over 2017, which w...Read more