Singapore established developer TG development Pte Limited has revealed a new scheme which allows home buyers to rent first before deciding to purchase a unit at Lloyd Sixtyfive located in River Valley area.
The new Experiential Leasing Scheme grant potential home buyer to sign a 2 years lease and pay the refundable and rent deposit in advance to stay at Lloyd Sixtyfive brand new unit.
Once the client decides to buy the unit, the security and the rent deposit will be refunded by the developer, “less any discounts to the client after 20% receipt of the purchase price”. Otherwise, only the deposit for security will be refunded.
Under the scheme, TG Development will only issue 20 one bedroom units and 1 bedders + study.
Average unit price for one-bedroom units starting at $1.62 million, translating to $2,760 psf, while its rent works out to about $6,750 monthly.
