In the last six months, two black-and-white bungalows in Singapore were rented for more than S$30,000 per month.
The rentals of 26 and 31 Ridout Road by Home Affairs and Law Minister K Shanmugam and Foreign Affairs Minister Vivian Balakrishnan respectively have sparked interest in such houses.will be conducted, after both ministers called for it.There are about 500 black-and-white houses in Singapore. They can be found across Singapore, in neighbourhoods such as Sembawang, Seletar, Tanglin, and Changi.
They derive their name from the characteristic combination of dark timber beams and whitewashed walls. To preserve the heritage of these colonial houses, changes to the look and feel of these bungalows are not allowed. These bungalows are typically tenanted on two- or three-year terms. The rental prices are influenced by market conditions, and it is not advisable to compare them with the rental price of a private good class bungalow in different time periods, said the minister.
In Bukit Timah, a black-and-white semi-detached house at 11 Malcolm Road with a land area of about 48,665 sq ft and an estimated gross floor area of about 4,100 sq ft was rented for S$16,188 per month.“Larger black-and-white bungalows generally have lower rental rates per square foot compared to smaller ones. As of June 2022, the occupancy rates for larger black-and-white bungalows are lower than those for smaller black-and-white bungalows,” Mr Shanmugam said last year.
According to the GoBusiness website, temporary occupation licences are generally for short fixed terms and can be renewed on a monthly or yearly basis. The documents should also include a computerised pay slip for the past three months or a copy of the latest tax notice of assessment. They can also submit an original letter from their employer stating their monthly salary.
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