Asked by Quak Pei Pei
Hello, is rental still negotiable?
1034 views
6 Answers
Dear Pei Pei,
When negotiating the rental, an offer has to be made in order for negotiations to take place and not ask up front what is the potential room for negotiation or what is the lowest owner will accept. That is not negotiation, and for agents who are representing the landlords, they cannot be going to landlords who are paying the commission to test for the lowest which is not serving the interest of landlord.
I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
+65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
When negotiating the rental, an offer has to be made in order for negotiations to take place and not ask up front what is the potential room for negotiation or what is the lowest owner will accept. That is not negotiation, and for agents who are representing the landlords, they cannot be going to landlords who are paying the commission to test for the lowest which is not serving the interest of landlord.
I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
+65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
1
Hi,
I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi, appreciate your sharing
Looking forward to assist you at 9696 4398 or email me at stewartlim96964398@gmail.com
Cheers
Stewart-PropNex Read More
Looking forward to assist you at 9696 4398 or email me at stewartlim96964398@gmail.com
Cheers
Stewart-PropNex Read More
(PART 1 OF 2)
My Answer with regards to your Question:
The negotiability of rental terms can vary based on several factors, including local market conditions, the demand for rental properties, and the landlord's preferences. Here are some considerations:
Market Conditions:
In a competitive rental market with high demand and low supply, landlords may be less inclined to negotiate on rental terms. Conversely, in a market with higher vacancies, there may be more room for negotiation.
Property Features and Location:
The desirability of the property and its location can influence the negotiation process. Properties in prime locations or with desirable features may have less flexibility in terms of rental negotiations.
Lease Term:
Longer lease terms may provide tenants with more negotiating power. Landlords often appreciate tenants who commit to longer rental periods, and this may result in more favorable terms.
Timing:
The timing of your rental inquiry can impact negotiations. Landlords may be more open to negotiation during periods of lower demand or if the property has been vacant for a while.
Tenant Profile:
A strong rental application, good credit history, and positive references can strengthen your negotiating position. Landlords may be more willing to negotiate with reliable tenants.
Additional Services or Terms:
Consider negotiating terms beyond the rental amount, such as utilities, maintenance, or furnishings. Sometimes, landlords may be open to adjusting other aspects of the lease to accommodate tenant needs.
Open Communication:
Express your interest and concerns openly with the landlord. Propose any changes or adjustments you would like to see in the rental terms and be willing to compromise.
While some landlords may be open to negotiation, it's important to approach the process professionally and respectfully. Keep in mind that certain terms, such as rental laws and safety standards, are non-negotiable and must be adhered to.
Ultimately, the negotiability of rental terms depends on the specific circumstances of the rental market in your area and the landlord's willingness to consider adjustments. It's advisable to engage in open communication with the landlord and seek mutually agreeable terms.
- - I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)
Please contact me first directly at (+65) 98569255 as I am not able to reach you first through PropertyGuru.
See my REVIEWS here: (Just need to Copy and Paste the link)
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591
Able Toh-ERA, Singapore Mobile :( +65) 9856 9255
—————————
(PART 2 OF 2)
2 CHOICES Highly Recommended for you!
(1) GOOD CHOICE: CONNECT with me at:
Able Toh-ERA, Singapore Mobile :( +65) 9856 9255
OR
(2) WISE CHOICE : SAVE my name and mobile for your FUTURE Real Estate Needs for Your OWN NEEDS or REFERRAL NEEDS : Your FAMILY /FRIENDS NEEDS ( As I try my best to PRO a network of Professionals such as lawyers , Mortgage bankers or Home insurance specialist or partnering with other co-broke property agents ) to make property Purchase / Sales / Rent a TIME & EFFORTS SAVING Journey For You :)
Please Choose and Hopefully you DO IMPLEMENT :)
Final Note: For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be NO FEES CHARGED TO YOU/ FREE SERVICE. (If required a fee for some situations, I will discuss further and seek your approval first) Read More
My Answer with regards to your Question:
The negotiability of rental terms can vary based on several factors, including local market conditions, the demand for rental properties, and the landlord's preferences. Here are some considerations:
Market Conditions:
In a competitive rental market with high demand and low supply, landlords may be less inclined to negotiate on rental terms. Conversely, in a market with higher vacancies, there may be more room for negotiation.
Property Features and Location:
The desirability of the property and its location can influence the negotiation process. Properties in prime locations or with desirable features may have less flexibility in terms of rental negotiations.
Lease Term:
Longer lease terms may provide tenants with more negotiating power. Landlords often appreciate tenants who commit to longer rental periods, and this may result in more favorable terms.
Timing:
The timing of your rental inquiry can impact negotiations. Landlords may be more open to negotiation during periods of lower demand or if the property has been vacant for a while.
Tenant Profile:
A strong rental application, good credit history, and positive references can strengthen your negotiating position. Landlords may be more willing to negotiate with reliable tenants.
Additional Services or Terms:
Consider negotiating terms beyond the rental amount, such as utilities, maintenance, or furnishings. Sometimes, landlords may be open to adjusting other aspects of the lease to accommodate tenant needs.
Open Communication:
Express your interest and concerns openly with the landlord. Propose any changes or adjustments you would like to see in the rental terms and be willing to compromise.
While some landlords may be open to negotiation, it's important to approach the process professionally and respectfully. Keep in mind that certain terms, such as rental laws and safety standards, are non-negotiable and must be adhered to.
Ultimately, the negotiability of rental terms depends on the specific circumstances of the rental market in your area and the landlord's willingness to consider adjustments. It's advisable to engage in open communication with the landlord and seek mutually agreeable terms.
- - I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)
Please contact me first directly at (+65) 98569255 as I am not able to reach you first through PropertyGuru.
See my REVIEWS here: (Just need to Copy and Paste the link)
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591
Able Toh-ERA, Singapore Mobile :( +65) 9856 9255
—————————
(PART 2 OF 2)
2 CHOICES Highly Recommended for you!
(1) GOOD CHOICE: CONNECT with me at:
Able Toh-ERA, Singapore Mobile :( +65) 9856 9255
OR
(2) WISE CHOICE : SAVE my name and mobile for your FUTURE Real Estate Needs for Your OWN NEEDS or REFERRAL NEEDS : Your FAMILY /FRIENDS NEEDS ( As I try my best to PRO a network of Professionals such as lawyers , Mortgage bankers or Home insurance specialist or partnering with other co-broke property agents ) to make property Purchase / Sales / Rent a TIME & EFFORTS SAVING Journey For You :)
Please Choose and Hopefully you DO IMPLEMENT :)
Final Note: For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be NO FEES CHARGED TO YOU/ FREE SERVICE. (If required a fee for some situations, I will discuss further and seek your approval first) Read More
1
Hi Pei Pei,
In rental negotiations, it's crucial to initiate with an offer to kickstart the negotiation process, rather than asking if it is still negotiable. Perhaps, making an genuine offer first will be the best course of action to negotiation.
For further clarification or queries, please kindly contact me.
Call or text for a non-obligatory consultation discussion to know more. Let’s start your journey to your dream home today!
Best Regards,
John Lai
“Right Believing, Right Living”
PropNex Associate Director
(M): 8444-0899
Email: johnlaiproperty@gmail.com
Self introductory video - https://youtu.be/yygkGSG4Mtw
Social Media -
FB: facebook.com/johnlaiproperty
IG: @johnlaiproperty
Tiktok: @johnlaiproperty
YouTube: @johnlaiproperty Read More
In rental negotiations, it's crucial to initiate with an offer to kickstart the negotiation process, rather than asking if it is still negotiable. Perhaps, making an genuine offer first will be the best course of action to negotiation.
For further clarification or queries, please kindly contact me.
Call or text for a non-obligatory consultation discussion to know more. Let’s start your journey to your dream home today!
Best Regards,
John Lai
“Right Believing, Right Living”
PropNex Associate Director
(M): 8444-0899
Email: johnlaiproperty@gmail.com
Self introductory video - https://youtu.be/yygkGSG4Mtw
Social Media -
FB: facebook.com/johnlaiproperty
IG: @johnlaiproperty
Tiktok: @johnlaiproperty
YouTube: @johnlaiproperty Read More
Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More