Hello,
What is the security deposit required when renting a property in Singapore?
How much deposit is required for a rental property?
How much deposit can the landlord ask for?
Do I have to pay a security deposit when renting?
What is the purpose of a security deposit in a rental property?
The security deposit required when renting a property in Singapore is typically one month's rent for every year of the lease term, subject to a maximum of two months' rent for leases exceeding two years. Additionally, a stamp duty equivalent to 0.4% of the total rent for the lease period is also payable.
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