The Letter of Interest for Rental Property is a crucial preliminary document in Singapore's rental market. It serves as a formal way to communicate serious rental interest while the parties work toward a binding lease agreement. This document is particularly important in Singapore's competitive rental market, where multiple parties may be interested in the same property. It typically includes proposed terms, tenant information, and financial capabilities, helping landlords assess potential tenants. While not legally binding, it demonstrates commitment and often leads to holding the property while formal lease arrangements are made.
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1. Property Details: Full address and description of the property of interest
2. Rental Terms: Proposed rental amount and lease duration
3. Tenant Information: Personal/company details and contact information
4. Timeline: Proposed move-in date and duration of interest validity
5. Financial Information: Proof of ability to pay rent and security deposit
1. Special Requirements: Any specific needs or modifications requested, used when tenant has particular requirements
2. Pet Clause: Information about pets if applicable
3. Agent Details: Include if working tHRough a property agent
1. Proof of Income: Recent payslips or bank statements
2. Identification Documents: Copy of passport/NRIC/Employment Pass
3. Reference Letters: Previous landlord or employer references if available
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