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I recently bought property which may TOP quite soon - however, I am currently renting with the contract til end of Mar 2017.
Assuming the property I bought TOP in September, which means I can move in by say October, I do not want to be paying double - rent and mortgage.

I've raised this to the agent of the owner who I have a lease with, and he is not cooperative in negotiating a deal with the owner. In fact, he is refusing to give me any contact to the owner. I'm willing to provide several month's notice, and as our contract states, in the event of pre-termination, to pay pro-rata of the agent's fee.

Do I have any options? What is the best course of action I can take?
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4 Answers

Geryl Lim
Replied
If there is no premature termination clause stated in the tenancy agreement, I am afraid that there is no way out of the current tenancy unless landlord allows out of goodwill. You may wish to negotiate on finding a fresh tenant to replace your current lease and pay the commission for doing so. Otherwise you may consider renting out your soon to TOP home for the term until you ride out your current tenancy as what Win Bo has suggested.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Regards,

Geryl LIM
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  • RA
    Replied
    THe pretermination clause in the contract only states that I need to pay the pro-rata of the agent's fee, so I wasn't aware that I had to pay the lease balance which the agent is now claiming is the case. Can you please advise?

    "If this Agreement should be lawfully terminated by notice in
    writing by the Tenant before the expiry of the tenancy herein
    aforesaid, then the tenant shall refund to the Landlord, pro-rata,
    the commission inclusive of GST paid by the Landlord to his REAL
    ESTATE AGENCY (SLP SCOTIA PTE LTD)"
Nick Tan
Replied
Hi Mr Raul,

You can serve a formal notice to request for early termination to your landlord. The landlord's address should be on the tenancy agreement. If not you can request the agent to serve the notice for you.

You can seek landlord's approval to see if landlord is fine with you getting someone to take over the lease. In this way, landlord does not lose out on the rental and it will be a win win situation!

Regards,
Nick Tan
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  • RA
    Replied
    Many thanks for this - my concern is that I don't have the address or contact number of owner. Just name and IC. I would like to suggest to have a replacement take my place. I don't mind getting an agent to look for a replacement for me.
Geryl Lim
Replied
To find out the owner's address, you may visit https://www.sla.gov.sg/inlis/#/home and select under Property Ownership Information. Key in the address of your rental property and you should be able to find out the address unless landlord has shifted. This document costs $5.25.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
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GAN ENG JOO ONASSIS
Replied
Hi,

Talk to the agent and owner, as you dun likely to pay any more rent upon you move out with notice. Be it the deposit fortified n move in to your new house- it still worth it :)

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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