Saturday, May 1, 2010

Is Singapore landlord friendly?

Is Singapore landlord friendly?

As there is no law governing the relations between landlords and tenants Singapore can be regarded as landlord friendly. All terms such as the deposit, the length of a lease and the right to termination can be freely negotiated in a contract. Disputes are mainly resolved through mediation under the Small Claims Tribunal.

However, you should note, that in Singapore the landlord is personally responsible for his tenant's legal residential status and should ask the tenant prior to lease commencement to supply the following documents:


-Copy of Employment/Dependent/Student passes for all occupants
-Copy of Passport for all occupants
-Confirmation of Employment Letter (in the case of a personal lease)
-Registration of Company Certificate (in the case of a corporate lease)

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