Quick Tips for Landlords

How you can improve your rentals

* The flat should be in move-in condition, with a fully fitted kitchen, washing machine and television set. Air-conditioning will be a plus.
* Keep the flat simply decorated. Do give it a fresh coat of paint if it needs one.
* Flats with interiors that resemble a condominium's can fetch more. A three-room flat near Tanjong Pagar MRT station was rented out at $2,600 a month after the owner spent $40,000 to renovate it.

'When you walk into the flat, it feels like a condo,' says agent Germaine Ng.

Source: Agents

What you need to know as a landlord

* While you can rent your flat to several people, there is a limit you must observe. HDB allows a maximum of four occupiers in one- and two-room flats, six in three-room flats and eight in four-room or bigger flats.
* Make sure your sub-tenants do not further sub-let the flat, which is not allowed.
* If you rent your flats to foreigners, make sure they entered Singapore lawfully and are remaining here lawfully. Otherwise, you might be guilty of harbouring immigration offenders.

Source: HDB