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A lease with fastened rental is one for which a hard and fast rental is agreed upfront for your complete lease period. Nonetheless, Mr Mah promised that the government would build an additional 8,000 rental flats by 2012, to deliver the total number of such units to 50,000.

This provides more incentive for homeowners to hire out their flats to be able to reap the excessive rental yields of between 6-eight p.c that their flats can garner. Mona Vie was bought out there with claims of pure healing properties like boosting the body's immune system amongst other things.

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Many aged, once they need to buy a HDB flat, they will contemplate, 'what if I move on, can I go away this property to my subsequent technology?' But if the lease is only 30 years, then a lot of them may not feel that snug. Positioned close to the junction of East Coast Highway and Joo Chiat Road, the two freehold shophouses has a mixed land area of roughly 3,791 sq ft and and estimated gross flooring space of about 5,705 sq ft.

I agree that I cannot depend on any of the data discovered on this website as authoritative or substitute for the train of my own ability and judgment in making any investment or other choice. Repairs done during the rental period to restore the property to its original state.