If you own a condo and wish to rent it out, there are some things you should be aware of. It is essential to understand the length of the lease, the obligations of both the landlord and tenant, how to handle security deposits, and additional rules for the property. Having a well-crafted agreement can help protect everyone involved throughout the process.

The formation of a robust lease agreement is a fundamental part of renting. For one to guarantee all components of the rental arrangement are correctly covered, they ought to consult with a legal professional to draft the document. The agreement should list the amount of rent, when it’s due, what payment methods are accepted and any related late fees. It should additionally provide information on the length of the lease, the obligations of both landlord and tenant, specifics on security deposits, and any extra regulations.

Pricing the condo …

Lorong 1 Toa Payoh Condo is conveniently located right near this food haven, making it the perfect place to stay for those looking to enjoy delicious local cuisine and also explore the heritage of Toa Payoh. With easy access to the nearby bus stops and MRT station, Lorong 1 Toa Payoh Condo is an ideal residence for those looking to experience the best of what Toa Payoh has to offer.

Toa Payoh is a renowned food haven with a wealth of heritage that makes it one of Singapore’s oldest neighbourhoods. Just a short walk from Lorong 1 Toa Payoh Condo, this food lover’s paradise has a variety of hawker centres, restaurants, and trendy cafes offering a range of traditional local dishes and modern fusion cuisines. Come and savour the delightful flavours of Singapore’s diverse dishes at Toa Payoh!

Located near Lorong 1 Toa Payoh Condo is the esteemed Raffles Institution, …

Orchard Boulevard MRT Station Condo is definitely an ideal choice for those looking for a luxury urban lifestyle. The condominium offers residents access to an array of dining and entertainment, as well as swift connections to the Financial District, Marina Bay and Orchard Road. A highly sought-after address, this condominium offers a well-connected and luxurious resort-style living in the heart of the city.

GLS at Orchard Boulevard has set the standard for leading-edge city living in Singapore. Boasting a desirable location, refined design and a vast array of amenities, this condominium delivers a remarkable urban experience that is synonymous with lavishness and ease.

The URA is aiming to invigorate retail on Orchard Road by promoting the implementation of new retail formats and technologies to improve the shopping experience. This should support retail innovation and keep the area ahead of the competition.

Those living at Orchard Boulevard Condo get to experience …

Not forgetting, there are multiple shopping centres and dining options around the vicinity. Tampines Ave 11 Condo is thus the ideal living place for everyone! With its desirable location and unbeatable convenience, it is unsurprising that the condominium is gaining immense popularity among homeowners.

The additional appeal of Tampines Ave 11 Condo is its excellent connectivity. It has a comprehensive network of public transportation, making it easy to get to and from nearby educational institutions. With various options like bus, MRT and walking, students are guaranteed a straightforward and convenient travelling experience.

Tampines Ave 11 Condo is surrounded by some highly esteemed primary schools, such as Poi Ching School, Junyuan Primary School, and St. Hilda’s Primary School. These schools are renowned for their commitment to an all-rounded education which puts emphasis not only on achieving academic success, but also on the development of good character and involvement in co-curricular activities. …

The manager of CapitaLand Ascendas REIT (CLAR) has announced the divestment of Singapore industrial building KA Luminar Grand Place for a consideration of $35.38 million. Following an April 20 filing, the REIT’s trustee, HSBC Institutional Trust Services (Singapore), has entered into a sale and purchase agreement to sell KA Place to KA Place SPV 1.

The consideration sum represents an impressive 219% premium to CLAR’s purchase price of $11.1 million in March 2005 and a 55% premium to the property’s market valuation of $22.8 million as at Dec 31, 2022. KA Place at 159 Kampong Ampat is a seven-storey high-specification industrial building with a carpark on the second storey and a total gross floor area of 10,163 sq m. It also has a remaining land lease tenure of about 35 years.

According to CLAR’s manager, the proposed divestment is in line with their proactive asset management strategy to improve the …

The Ascott Limited, the lodging business unit of CapitaLand Investment’s (CLI), has announced its ambitious target to double its fee revenue to over $500 million in the next five years. This target is pegged to FY2022’s base of $258 million, which the company has earned record fees from. Furthermore, with a 36% year-on-year growth in FY2022, Ascott is confident it will be able to hit the 160,000 units mark by 2023.

Ascott has also reported positive signs in the first quarter of FY2023 with the signing of over 4,000 units. The business plan to further expand its portfolio of serviced residence, hotel, co-living, and senior living brands, targeting a net room growth rate of somewhere between 8%-10% a year.

As CEO of Ascott and CLI Lodging, Kevin Goh stressed the importance of strategically securing management and franchise contracts for well-placed prime properties. He said: “We are now seeing the positive …