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i have a low floor 4room flat at Dover Crescent that is fully furnished and bed rooms with 1 yr old air-coned It is currently tenanted but not sure if they will agree to pay the new market rate. What is the going rate for now? If it's a big increase, I don't mind getting new tenants and enjoy the extra $$ if they do not concur with the new rate. The contract ends in April.
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3 Answers

Hi Landlord,

As the current contract ends in April, it is only right for the both of you to indicate your preference to either extend the contract or to move on and get ready for the next option.

You maybe right that you can enjoy additional cash for the perceived increased in rental amount, however, what you maybe facing could be tenants who do not take care of the unit as well as the current tenants do. In other words, it is not only the cash portion that you should consider, as tenants with bad profile may bring you unnecessary problems, for example, having more tenants than agreed in staying over and resulting in complains to HDB and all.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Hi,

i recently rented out a client's unit at Blk 18 for $2900 partial furnished to a professional couple who works as lecturer in INSEAD..I still have tenants looking for a unit there.Please feel free to contact me if you have any queries.Thanks

Rgds;
Lyna ERA
 96238442 
lynasong@hotmail.com Read More
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Hi. Rental there ranging from $2.7-$2.9k. Let me know if you are looking for tenants, I can help to swing tenants there. Thanks. Kevin Propnex 93861174  Read More
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