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I recently view a unit of 3+1 (two years cotract) and was told to pay two months deposit and one month rental upon signing the tenancy Agreement, is this normal as i requested to pay two months and balance two months including agent fee upon collecting keys.
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1 Answer

Geryl Lim
Replied
Hi Tenant,

There is no standard for security deposit and advance rental, nevertheless, it is very common to collect 2 months security deposit for 2 years rental. Advance rental is usually paid on the day of moving in. As for the agent's commission, it is up to the 2 of you to agree when it should be paid.

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