Tag Archives: rent

RENTERS TURNED MY PARENTS’ HDB FLAT INTO A BACKPACKERS HOSTEL!

Property agents please take note on these two indian EP holders. They rent my parents HDB rooms and tenancy started last wednesday, 06/07/2016. Yesterday, 10/06/2016, we spot check and caught 4 ang mohs, seems to be backpackers in our house. There are bras and panties hanging as laundries inside our house too. Mattress were layed all over the living room too and we have every right to suspect they turned the house into backpackers hostel.

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SG RETAIL DOWNTURN: TIME FOR LANDLORDS TO SUFFER

Let me weigh in why I'm estatic and rejoicing over this sorry state of affairs over our downtown retail scene. Not too long ago, if your wages had been stagnated or lowered, or worse if you had lost your job because your employer couldn't afford to keep you, high chance it was because of rising costs. The key riding cost- retail space rentals. While landlords had a field day raising rentals and laughing their way to the bank, the workers have been on the suffering end of escalating rentals, all vulnerable with no real unions to protect them. Well, now I'm glad to see the camels back has broken. Businesses find it too expensive to operate here. Business are pulling back. Some even pulling out of Singapore. Time for landlords to suffer. Time to lower their rentals. After all this is a free market.

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