Who says the rental market isn’t for locals too?

Who says the rental market isn’t for locals too?

In spite of the indictment of two people in December due to illegal short-term accommodation through Airbnb still, there are property rental agencies offering transient accommodations to residents via an early closing clause over their contracts, announced by Channel News Asia.

This was divulged after a certain news agency attempted to rent spaces straight from two rental agency providers.

The personnel of the first company responded to the tenant’s request for less than a month of accommodation, said “not a problem” as long as the tenant’s termination form will be signed after his temporary occupancy.

The agent of the company wrote via email that ” According to policies and laws of Singapore, three months is the minimum lease period over residential property developments but it can still be terminated before its due period provided the notice to terminate is sent 30 days prior to the departure date.

The company hand over the early notice form of termination.

The second rental provider also responded to the short-term occupancy request.

Amolat Singh, the lawyer told, “These companies are evading the nominal tenancy policy via an exit clause insertion. ” So I can join to that certain kind of compliance and say: ” My apologies, after a week, I realized, I want to back out and that will be respected,” he told.

More or less there is 600 property development, from January to September 2017  which are under investigation revealed by Urban Redevelopment Authority.

It further stressed that companies allowing accommodation services are subject to an action once caught violating the policy.

In a case when rules and regulations are surpassed, the owners are accountable for it,  and tenants are part also of the investigation, URA reiterated.

A property that will make your dream home a reality is the Cayman Residences. It is a luscious landed real property development that stood On 3 East Coast Avenue, Singapore. It has a freehold tenure and 2020 is the expected TOP.

For every unit comes a 3 story, attic and exclusive lift. The aesthetic units have a spacious layout, perfectly furnished with highly sophisticated facilities from world-class brands which completes your long time dream of a luxury home.

Cayman Residences are wrapped with well-functioning facilities, transport stations and amusement areas such as timeless schools, shopping malls, grocery stores, parks, and bus interchange. Resident can hop from place to another, Bedok Mall, Siglap Shopping Centre, 112 Katong. Foodie lover would love more this place because of the various, restaurants, famous food chains.

World-competitive schools are around the area such as Victoria Junior College, Saint Patrick’s School, CHIJ Katong Covenant and the Victoria School.