What are the challenges facing landlords today in Singapore?

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Transcript of What are the challenges facing landlords today in Singapore?

Agenda• Current Rental Landscape for Residential

Properties• How to Overcome Current Challenges

Immediately• Case Study• Question & Answer

Vacancy Rate Trending Up!

1.) Escalation of private home completions

2.) Slower expatriate/foreign employees inflow

2 Key Forces Behind Increasing Vacancy Rate

2 Key Forces Behind Increasing Vacancy Rate

2 Key Forces Behind Increasing Vacancy Rate

Agenda• Current Rental Landscape for Residential

Properties• How to Overcome Current Challenges

Immediately• Case Study• Question & Answer

Landlord’s Nightmare

• Empty Rental Apartments

• Low & Unstable Rental

• Dealing with Tenants & Real Estate Agents from Hell!

How to Reduce Your Vacancy Rate, Increase & Protect Your Rental Yield Today!

3S To Your Rental Woes

• Renting Our Your Apartment by Rooms (minimum 6 months)– Speed - Easier & faster to rent out– Security - Higher rental income– Stability - Spread your risk among more tenants

Singapore.Asia.Roomies• List your Rooms for free• Allow tenants to locate room-mates• Landlord can post review on tenants & agents,

vice versa

Agenda• Current Rental Landscape for Residential

Properties• How to Overcome Current Challenges

Immediately• Case Study• Question & Answer

CASE STUDY

CASE STUDY

2 X Common room = $3,000 per month1 x Smaller common room = $1,000 per month1 x Master room = $2,000 per month

Total Rental Per Month = $3,000 + $1,000 + $2,000 = $6,000

Rental Yield - > 3.06% to 3.6%

17.6% Increase!!!

Agenda• Current Rental Landscape for Residential

Properties• How to Overcome Current Challenges

Immediately• Case Study• Question & Answer