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Hi NI,

Perhaps the difference will be on rental price & commission payable as the lease tenure is shorter. For shorter lease of 6 months, you may like to request a higher rental price, since there is a risk that the tenant may not renew or you may not find another tenant at your preferred price after 6 months (as theres more supply of rental houses now).

For 1 year lease, typically the commission is 1/2 month rental + 7% GST. For 6mth lease, the comm will pro-rate accordingly. Thanks and hope it helps. May I have the opportunity to work with you? Hope to speak to you soon.

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com Read More

Dear landlord,

Service fees for 6 months and 1 year lease applicable is still 0.5months rental plus 7% GST. By opening up for 6 months lease although you may expect a higher rental, the prospects of losing rental during the handing and taking over period of apartment is relatively high and may not cover the service fees which you are paying. Of course, at this point of time where rental transactions are record low, being open to accept 6 months rental could be an avenue to explore and minimise losses. Else, there is no other differences except the e-stamping fees. Do be prepared to clean up and make good whatever damages involved in the apartment after every tenancy.

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Geryl LIM
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Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
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