Is my property suitable for corporate rental?

Interested to find out more? You can now book an appointment with our asset managers by simply sending in your request via email to [email protected].

Every property asset owner desires higher rental income. This becomes more apparent when they are faced with the undesirable situation of a weakened rental market, which translates to a lower rental yield for extended periods of time.

While there are vacation rental platforms like Airbnb and Homeaway which assist in the recovery of rental yields, the hassle of having to list on multiple platforms, daily check-ins and check-outs, housekeeping and guest communications is seemingly not for everyone. Most property asset owners have existing commitments such as their full-time jobs, personal and family duties to fulfil. What they need is someone to manage all of the above, as well as the auditing and maintenance of their apartments. Our service ensures that damage is kept at bay, so the homeowner can simply sit back and collect their monthly rent.

MetroResidences is here to help property asset owners with that!

In order to narrow down the selection of apartments suitable for corporate rental, here are 3 key factors for property asset owners to take note of if they are keen to list with MetroResidences.

1. Location Is Key – Near Amenities and Transport Networks.

MetroResidences apartments should preferably be located within a 10-minute walk from the nearest MRT station. Some of our most popular apartments are right beside or directly above the MRT Station. Corporate HR managers tend to prefer apartments for their staff to be located closer to public transport hubs, making it more convenient for them to get to work. It would also be preferable if the apartment is within close proximity to amenities such as supermarkets, cafes and shopping malls.

You may be surprised to know that apartments along the city fringe or near business hubs such as Changi Business Park, One North, AMK Industrial Park and Jurong/Tuas are highly desired by our corporate partners. These are locations with high density of MNCs and low supply of hotels and serviced apartments.

2. New Condition or Recently Renovated (under 5 years).

Your apartment’s condition will ultimately influence how satisfying the guest’s staying experience is. As our guests are mostly white collar professionals, they expect the appliances, fixtures and furniture to be new and in good working condition. Worn and old apartments will fall short of our Minimum Property Standards. Some of the criteria we look at are:

  • Furniture does not look aged or worn
  • Wooden carpentry does not look worn out or chipped
  • Home appliances such as washing machine, dryer, oven and aircon are well kept and serviced regularly
  • Walls and ceilings are free of marks and molds
  • Toilet tiles and floor are free of black marks and mold
  • Common apartment facilities maintained in good condition

Ideally, apartments that are under 5 years old are highly desired.

3. Apartment Size – 1BR / 2BR / 3BR.

One, two and three bedroom apartments are constantly in high demand by Corporate HR Managers. Should any property asset owners approach us with an empty apartment, we would be glad to provide a one-stop service to furnish their property at a pre-agreed set-up fee. This will help expedite the process without much hassle on the part of the property asset owner.

Interested? Hesitate no more and email to book an appointment with our asset managers today at [email protected] Be part of our asset owner community and start reaping high income with MetroResidences!

Read: Learn How Corporate Rentals Works And List Your Property With MetroResidences

Interested to find out more? You can now book an appointment with our asset managers by simply sending in your request via email to [email protected].

Every property asset owner desires higher rental income. This becomes more apparent when they are faced with the undesirable situation of a weakened rental market, which translates to a lower rental yield for extended periods of time.

While there are vacation rental platforms like Airbnb and HomeAway which assist in the recovery of rental yields, the hassle of having to list on multiple platforms, daily check-ins and check-outs, housekeeping and guest communications is seemingly not for everyone. Most property asset owners have existing commitments such as their full-time jobs, personal and family duties to fulfil. What they need is someone to manage all of the above, as well as the auditing and maintenance of their apartments. Our service ensures that damage is kept at bay, so the homeowner can simply sit back and collect their monthly rent.