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Because I rented out the bedspaces to different individuals. They all have different rental commencement date and expiry date.

Recently when I need to find a replacement tenant(for years I've been using Facebook and Carousell to list the rental), I noticed that the rental market is quite depressed, sometimes not even a single inquiry at all for days. Unlike in the past years, we could receive loads of inquiries soon after listing it on the site.

What's the problem for these few months?
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6 Answers

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, it is basically because the rental market has softened as compared to the last few years.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
1
Hi,
Rental market has soften quite a lot currently.
If you need assistance in getting tenants, you can consider engaging a realtor during this time.
We will be happy to assist you should you require such.
Feel free to reach out to us.
Donovan Lim (PNG) 94528990  Read More
1
You have mentioned, the rental market is depressed. There is plenty of units up for rent currently, so competition is stiff and rental prices are dropping. Plus the fact that you are just 1 of the many landlords out there relying on free advertisement source to reach out to prospective tenants, during a period where there are also plenty of rental scams going around, many tenants will likely prefer going to listings advertised by RES where their authenticity can be verified through government source. Read More
2
  • ��
    Because one of the tenants using our's place as a short term rental.
    Found out recently that as a foreigner, she rent the whole house from the owner at $3000, then rent out at $2800 to 5 pax, rent my place for 2 months and requests to terminate the 12 months contract. She now can't find a replacement tenant. When she leaves, she'll have to compensate 1 month rental and 1 month deposit.
    By then I'll use 1 month compensation as the agent fee.
hello! yes, you are right that the market is behaving differently this year. many possible reasons - there are many supply in the market, tenants tend to look around then decide. secondly, lesser tenants are looking from carousell or facebook as it is spoilt by scammers, tenants are searching for rooms in other more reliable platforms. i have propertyguru to help landlords advertise as most of the consumers use this platform.

josephine
propnex realty
 9748 3248  Read More
1
Hi Sir/Madam

The rental market is currently experiencing a significant softening.
If you're looking for help in securing tenants, it might be a good idea to enlist the services of a realtor at this time.

I will be glad to assist you finding the right tenant. I am well versed in rental and has done many rental transactions

Appreciate if you can contact me at (65) 9660.8508 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
2
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