Recent content by loft.able

There is also a resale-liquidity angle. Even if you accept the monthly figure, the next buyer may compare it with nearby apartments carrying lower charges. I’d compare total monthly ownership costs across genuinely similar buildings, not just purchase prices. A cheaper unit with visibly heavier...

Getting the hidden work wrong could exhaust the budget before the apartment is usable. The current allowance is S$65,720 for a 180 m² serviced apartment, covering refurbishment of the kitchen and bathrooms along with floors, painting, electrical review and some efficiency improvements. There is...

One caution on combining a credit and reduction: extra complexity is not automatically better. Each element needs to be understood by the lender and recorded consistently. If one permitted credit covers the negotiated amount, simplicity has value.

A practical way to decide is to model three outcomes: renewal at S$8,582, renewal at your proposed middle figure, and reletting near S$10,700 after realistic vacancy and preparation costs. Include the possibility that the achieved rent is below the advertised amount. If the middle option...