LandPLUS is one of the premier estate agency groups providing real estate services for more than 20 years in Singapore.
With an excellent reputation and numerous awards in Singapore, LandPLUS will be your trusted partner whether you are looking for permanent or temporary housing.
LandPLUS assists expats moving to Singapore in:
- Finding a property
- Tenancy management
- Property management
- Area orientation
Property for Expats in Singapore
You’re spoilt with property choices when it comes to Singapore, as the city offers a wide range of neighbourhoods and accommodations. The rental market in Singapore is tight, and the rental ceiling is not regulated. It is important to engage a realtor who can provide guidance on the market trends and make sure that you get a fair deal.
Key property tips you should know as an expat in Singapore
- It is important to prepare sufficient funds before you start searching for a property. If looking for a long-term property, you may be expected to pay up to 3 months rent at the time of entering a Tenancy Agreement.
- Since there are no escrow accounts in Singapore, the Security Deposit is under full governance of the landlord. To ensure successful retrieval of the deposit at the end of the lease, it’s highly important you are aware of your obligations in the Tenancy Agreement.
- You are only eligible to sign a lease once your Employment Pass (work visa) or In-principle approval is obtained. It is therefore recommended to start your Employment Pass application ahead in time. This will enable you to sign a lease or take care of other essentials such as opening a utility account, Singpass or a bank account.
- It is the landlord’s responsibility to check the residency status validity of the tenant in Singapore, for that reason most landlords prefer tenants with a long term residency pass. Thus, a working pass will help you easily secure accommodation in Singapore.
- Finding a reliable property agent will help you negotiate in your best interest and avoid any contractual pitfalls that are not standard within the market.
- Companies providing a housing benefit to employees should consider tax implications. The most common practice is to provide housing benefit via monthly allowance as part of the employee’s remuneration package. However, it is best to get professional advice as to what the best option is for your business.
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