What Should You Consider Before Renting Rooms in Singapore?
A majority of people living in Singapore reside in public housing which are most of the time easily accessible through online websites offering room rental Singapore http://www.huffe.com/rooms-for-rent-singapore services. Before you settle on the room that you want to live in, there are several factors that you need to take into account.
One of the factors is your budget. You need to know the kind of room that you can afford so that you can use money budgeted for other purposes.
Another factor is locality. Check if there are social amenities that you require close to your room. Consider the proximity of your job premises as well as shopping stores.
The other factor to consider is the type and size of the room. Remember to check that the furniture is in the state of the art, taking into consideration what you can afford and what you cannot.
Once you have made up your mind, you have to go through a few formalities set by room rental Singapore agencies. One, the agent assigned by the landlord helps in the preparation of necessary documents such as the letter of intent. This is a letter expresses your interest in leasing the room for rent and by signing it means that the property owner has officially accepted your offer.
Second, the rooms term of lease is usually twelve to twenty-four months, but you can find rooms for shorter periods but with a higher rent price. You will have the option of renewing it for another twelve or twenty-four months by giving an advance notice of one month to the landlord.
Third, one of the room rental Singapore policies is that you pay for a good faith deposit. This means that the landlord will not rent out the room before the lease has expired. The deposit is usually the value of one month’s rent and is paid after the landlord signs the agreement.
It is also important that you pay a deposit for your room security purposes. This security money should be returned to you interest-free after the lease term expires.