Rental Basics (HDB): First Payment

Let’s say that you’re thinking about renting a place. You’ve called an agent, viewed a couple of places and found one that you can actually imagine yourself staying in. What do you have to pay?

Generally, your first payments would include:

  1. A security deposit equalling a month’s rent
  2. One month’s advance rent
  3. Agent commission, which is half a month’s rent including GST

Continue reading