Enticing Good Renters To Stay In 5 Budget-Friendly Ways

Most of the landlords will get a headache if they have bad leasers. What most landlords want are renters who can pay promptly and without delay, but because of the high price of the commodities, it is rare to get a leaser that is prompt to pay their obligation. Being a landlord, it is such a big loss on your part when a good renter moves out, so we compiled few helpful and budget-friendly ways to prevent these leasers from moving out and looking for another place.

1. Be a true person to them.
It is a big plus for leaser if the landlord they have is a true person, meaning the type that would converse with them and not like a bank collector. Simple gestures of asking if they are having some problem with the place such as burst pipe or broken toilet may not cost you a penny but are effective ways to let them know that you sincerely care for them.

2. Be willing to reach out to them.
You don’t need to have a costly renovation on the place to make the leaser appreciate their stay. Willingness to reach out for the needs of your leaser can be a simple yet very amazing way to make them appreciate that you are their landlord. Freebies such as packed noodles in the cupboard or coffee in the pantry from the landlord will make their lips curve into a smile, don’t you think? This simple gesture is not costly yet has a dense effect on the leaser.

3. Show appreciated for the good acts.
If your leaser takes an extra effort to keep the place tidy and clean, show them that you appreciate it. If they pay rent in advance, you can think of little ways to give back to the small positive act of your leaser. Showing appreciation doesn’t only confine in the financial aspect. Why not give the leaser some grocery items, but of course it would be nice of you will give a discount on the rent if they happen to pay in advance or on time. If you can’t do such, there are other ways to motivate the act so they will keep to it.

4. Make use of the date and occasion.
Rebates, renewal incentives, birthday compliments and others are just among some of the things that can entice the leaser to stay renting the place.

5. Be willing to bend some rules when necessary.
The set rules are all right, but in some cases bending them for some valid reason is very okay for the renter, so don’t be too tight on it. Your leaser will give back the treatment they got from their landlord. If you are understanding and willing to give a little leeway, they would feel more at home in your place. They will also patronize the rules when their freedom to act is not compromised. Say, for example, all leasers should be inside the compound within 10 o’clock in the evening, but when one leaser ask permission that she can’t go back home before that set time because of some errand, then allow it. It won’t hurt being a little more understanding of the situation of your leaser.

Categories of Real-Estates That Are For Sale in Singapore

If you are looking for guidelines about the properties you can purchase in Singapore, then you are on the written page. In here, we will take you to the deeper knowledge about the types of real-estates that are available in Singapore. However, your citizenship status will greatly affect the privilege and options in buying a real-estate in Singapore.

1. Public Housing
The House Development Board of Singapore has sole authority to sell public housing such as flats and condominium to the Singaporean citizen and Permanent Resident of Singapore.

Brand New Public Housing: The BTO or Build-To-Order flats which are brand new are only sold for the Singaporean citizen, and Permanent Resident in Singapore are not qualified to buy real-estate in public housing sold by the House Development Board of Singapore.
Secondhand or The Resale: The flats that are being resold by HDB of Singapore from previous Singaporean owner can be bought by a Permanent Resident if he or she is already 3years PR. Added to this, if the Permanent Resident is not a Malaysian national, he/she needs to check the EIP and SRP if the neighborhood had already reached the quota of 5 percent for non-Malaysian settlers, and 8 percent per block for Permanent Resident.

2. Private Properties
In Singapore, there are restricted real-estate and non-restrictive real-estate, but for a Singaporean citizen, he/she is exempted with the restriction since they can buy any real estate for as long as they can afford it.

• Restricted Private Properties: The private properties that are considered restricted are those executive condominiums that are brand new are not available for Permanent Resident neither for a foreigner. However, if you are a Permanent Resident or a foreigner whose fiancé/fiancée is Singaporean citizen, then you can buy an executive condominium for as long as you have the plan to stay permanently in Singapore.
• Non-restricted Private Properties: For executive condominiums that are already used for five years before the resale, this type of real-estate is no longer restricted for Permanent Resident while those condos that had been used for ten years and above can be sold to foreigners.

Seller And Buyer’s Obligation:
Either you buy or sell real estate in Singapore, you will pay for the buyer’s stamp depending on the market value of the real-estate that you bought and the type of your residency.

Regulation 1: Any Singaporean that will buy a brand new flat or condominium will not be charged with the buyer’s stamp, however, if it is second-hand real estate the Singaporean citizen needs to pay 7 percent of the market value of the real-estate as a set charge for the buyer’s stamp and 10 percent if the real estate is the third hand.

Regulation 2: Any Permanent Resident who is qualified to be a buyer of real-estate that is new must pay 5 percent of the market value of the real-estate or 10 percent if not.

Regulation 3: If the foreigner bought real-estate in Singapore, the foreigner must pay 15 percent of the market value of real-estate as the buyer’s stamp no matter if it is new or not.