Comments on: Rents Heading South – What Should Landlords be Doing? http://bensonkoh.com/2009/rents-heading-south-what-should-landlords-be-doing/ Investing Real Estate in Singapore, In a Nutshell Mon, 06 Feb 2012 10:30:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Benson Koh http://bensonkoh.com/2009/rents-heading-south-what-should-landlords-be-doing/comment-page-1/#comment-1067 Benson Koh Wed, 25 Mar 2009 05:23:30 +0000 http://bensonkoh.com/?p=599#comment-1067 Hi Lawrence! Nice to see you here again buddy :) I've seen you've adopted Thesis as your blogging theme now, great choice! btw, care to exchange links? Hi Lawrence! Nice to see you here again buddy :)

I’ve seen you’ve adopted Thesis as your blogging theme now, great choice! btw, care to exchange links?

]]> By: Lawrence Lee http://bensonkoh.com/2009/rents-heading-south-what-should-landlords-be-doing/comment-page-1/#comment-1065 Lawrence Lee Wed, 25 Mar 2009 02:01:46 +0000 http://bensonkoh.com/?p=599#comment-1065 I have also received a rental reduction from my tenant a few weeks ago. Companies on corporate lease are asking for rent reduction in their own cost restructure or reduction programme. So far the request is still being considered by the landlord. I'm not sure if companies will go to the extreme where they will excercise diplomatic clause and ask their employee to pack up and leave the country for good. I hope landlords will reduce their rental so that they can retain the existing tenant and also get a healthy cashflow on their investment. Nowadays like Benson had mentioned, the outflow of expats is great. Even to rent out a HDB Executive Mansionette will take weeks to secure a tenant. I have also received a rental reduction from my tenant a few weeks ago. Companies on corporate lease are asking for rent reduction in their own cost restructure or reduction programme. So far the request is still being considered by the landlord.

I’m not sure if companies will go to the extreme where they will excercise diplomatic clause and ask their employee to pack up and leave the country for good.

I hope landlords will reduce their rental so that they can retain the existing tenant and also get a healthy cashflow on their investment. Nowadays like Benson had mentioned, the outflow of expats is great. Even to rent out a HDB Executive Mansionette will take weeks to secure a tenant.

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