1. Renting your Singapore New Launch Property upon TOP
Usually being an investor of any property, the most effective and feasible way to get the most
out of the property in terms of return will be by both rental income as well as capital
appreciation. In this article we will be talking more about rental income, how you can rent
your place at the right price, but most importantly, who you should be renting this new place
of yours to.
So, how do you decide who to rent your new place to? What are the things you should be
looking at or consider before making this decision? There are 7 factors which you should at
least be looking at and I will list them in point forms below for your easy reading so that you
will be able to digest these information with ease.
1) Rental Rate of the Property Rental
Most investors or friends would say renting out properties to long term tenants are the best
options but is that really true? The answer is ironically, no. The best yeilding form of rental
will be short term ones, especially those ranging from 3 to 6 months. Reason being by doing
short term rentals, you will be able to catch the rising market rental rate and keep on
increasing your rental amount, instead of tying on the a contract for 2 to 3 years lease,
foregoing any additional income from the improving market condition. There will be more
work involved but if we are looking to maximize our profit, this is something which can make
a huge difference at the end of the 3 years horizon.
2) Terms and Conditions set in the Tenancy Agreement
This is the most important part of the entire rental process. It is the legal way to protect both
the landlord and tenant if unforeseen incidents were to happen, allowing matters to be
resolved in the most comfortable manner possible. Repairs to the house, faulty equipments
or maintenence will usually be the core factors involved in these legal documents, and it will
be best for both parties to fully understand the conditions before penning down their
signature for the rental of the property.
3) Gross or Net Lease
Usually in most cases the landlord will cover for all the utility charges, monthly maintenance
fees and facility charges, factoring all these payment into the monthly rental. However, these
are all matters which should be openly discussed before signing on the tenancy agreement,
thus to prevent any future disputes from occuring. This is an easily overlooked sector which
must be covered during the discussion phase so that either party will not feel short changed if
it just so happens that what they will be paying in each case will not be what they had earlier
presumed.
I will keep this article short, listing only these 3 points for now. In part 2 of my article, I will be
listing out the other 4 more points - (4) Size of the Property - (5) Impact of Renting out your
Property to a Local or Foreign Tenant - (6) Renewal of Tenancy Agreement upon Expiration

2. and (7) Potential Tenants Turn Buyers.
For more information on property information, especially New Launch Property in Singapore,
you may want to visit my team's website @ property guru, landed property in singapore,
project new launch to gain more insight and information on the Property Market in Singapore.
I hope this has been a good read for you and do look out for part 2 of my article to get more
information on renting out your next property.