Why We Rent Instead Of Staying At Our Own Property | Pillow Talk with Myron and Venessa

Why We Rent Instead Of Staying At Our Own Property | Pillow Talk with Myron and Venessa - Ep 2

Рет қаралды 7,440

Life + Real Estate with Myron & Venessa

Күн бұрын

We have been renting for the past 4 years despite owning 2 of our own properties! In this video, we share why we choose to rent. Watch to find out more!
Personal Instagram
@venessatoh
@myronpang
Real Estate Instagram
@propertyadvantage.sg
Website
www.propertyadvantage.sg

Пікірлер: 18

@unclelive6918 Ай бұрын

Each to their own , depends on your life style .

@jackieseah9778 Ай бұрын

May I check how i look for a good rental unit? Any recommendations for websites? Or is there any specific rental group?

@jet-xr2zj 2 ай бұрын

Just curious, where is this place that you are currently renting?

@propertyadvantage.myronvenessa Ай бұрын

It’s a freehold property near Ang Mo Kio area 😊

@octovanfoo968 Ай бұрын

Just subscribed

@exploringapis4495 2 ай бұрын

Myron from fresh and fit looks diffeeent here

@jennieloh6312 Ай бұрын

Well,let’s put it plainly. If you have schooling kids, is difficult to rent from place to place.

@peacemakerz2378 2 ай бұрын

But there is a net loss as the property that you are renting out is subjected to higher property tax rates and you need to pay income tax on the rental too

@propertyadvantage.myronvenessa 2 ай бұрын

If you factor those in, there may be some nett loss, but it’s ok because for the property there is capital appreciation! And also the place we are renting is actually where we need to be in terms of kids school, etc, but yet not where we feel we want to invest our money in.. 😊

@neymarzd9706 2 ай бұрын

cant be so easy, if like that everybody rent their property out and stay big house liao......sure got risk.....own house safer.

@venessatoh3425 2 ай бұрын

Most people don’t want to keep moving ! So they prefer not to rent, and they also like to do their own renovations. But for us we don’t mind moving and renovation not a big deal for us! So it’s still possible, depending on what are your priorities :)

@genelecspeaker Ай бұрын

Bcuz these are expensive houses. The area I’m renting in cost abt 4-5mio. If I buy, mth repayment is 17k. But rental is abt 10k However my property is nearer to mrt and can fetch gd prices to cover the rental. These kind of game only happen at high quantum properties. Haha. Cuz atas area and landed has low rental returns

@lishr4536 2 ай бұрын

what if the landlord does not want to let the tenant renew, can't he say no even though there is an option to renew clause?

@propertyadvantage.myronvenessa 2 ай бұрын

Hi there! It depends on the clause in the contract. Most ‘Option To Renew’ clauses states that tenant has the option to renew for a certain amount of time as long as it’s at the prevailing market rate. Some landlord try to say that the market rate is very very high so as not to let the tenant agree to the new rental rate. But if tenant really were to go and challenge this, tenant will still usually win the case!