Renting a property in Singapore can open up many new opportunities. There are many different types of properties available from Housing Development Board, or HDB, rentals to large homes and condominiums. You want to make the right choice since it is difficult to get out of a rental agreement. A few tips will be very helpful if you are renting a property in Singapore for the first time.
Always Compare Average Prices
The first tip is to always compare average prices in the area when you find a property rental you like. The reason is that there might be an anomalous apartment listed that is much more expensive than everything else in the area. If you look at other nearby listings, then you will be able to determine whether the rental price is a good deal or whether to look for another property.
Steer Clear Of Unusual or Confusing Rental Agreements
Something to be aware of is that some property owners in Singapore might present you with a rental agreement that is not what you expected. The property owner might attempt to increase the security deposit in exchange for lower rent. You generally want to steer clear of unusual or confusing rental agreements. The reason is that some property owners use these agreements to exploit tenants or to gain extra money. If the rental terms are odd or make you feel uncomfortable, then do not rent the property.
Check All the Listed Amenities
Whether you are looking for a condominium or an HDB for rent, you are going to see a list of amenities. These can include nearby conveniences or even items on the property like a gym. You need to take the time to check all the amenities listed by the property owner. Ask to see any amenities on the grounds to find out if they are functional. Check the neighbourhood to make sure things such as transportation and shopping are as close as was claimed.
Do Not Just Accept the Inventory of Contents
You are going to be presented with an inventory of contents when you rent a property in Singapore. The inventory is a list of everything that is in the property. Many people simply sign off on the inventory without really looking at it. You must stop and go through everything in the inventory of contents. Make sure to note items missing from the list, listed items that are not on the property and the condition of items that look damaged. This will protect you later.
Renting Tips – How to get a House or Apartment Rental
Keep Everything Pristine From the Start
A final tip is to keep everything in the rental property pristine from the start. Do as little damage as possible, do not make dramatic changes and clean regularly. This is important because your security deposit depends on the condition of the property. If you are vigilant about keeping the property in excellent shape from the moment you move in, then you are far more like to get all or most of your security deposit back.
Renting a property in Singapore can be easy especially with modern online listing services. You just need to know what to watch out for when looking at the diverse selection of rentals available. These tips will help you to have a good experience when renting property in Singapore for the first time.