Case study: Japanese single
ladies do not give name cards to realtors?
Saturday, January 8, 2000.
A phone call from a Japanese lady, Ms Sato regarding my 2-bedroom ad for $1,600. She
said she had only $1,500 budget and would like to see the unit on Monday evening. I
told her that this Harbourlights 2-bedroom was below-market rent for a 2-year old modern
condo. It has good views of the Sentosa island and sea and on a high floor. It would
be best to view on Sunday. I agreed to pick her up at the Outram subway on Sunday at
11.00 a.m.
Sunday, January 9, 2000.
Two good-looking Japanese ladies in their
mid-twenties who probably disbelieved a realtor's claim that they should see the best
condo near downtown were punctual. Good dress sense in their Sunday best. One
was in a silver-grey dress with matching eye shadows and the other in a leopard-spotted
blouse and skirt and a bit more face powder on a fair lady. Black handbags and black
shoes make a good impression of a career type of person.
They said they had no name-cards for me although I thought the Japanese executives usually
exchange name cards based on my one-month stay in Japan under the auspices of the Japanese
Racing Association many years ago. Everyone was giving me name cards during my tour
of the Japanese racing offices.
They appreciated the advantages of the World Trade Centre being close to the condo as
there are food and beverage joints, the supermarket and Sentosa Island for recreation.
The Mount Faber is at the door-step and there is a large hawker food stall centre
opposite the World Trade Centre. Singles tend to eat out more.
The Harbourlights condo pool, with its cascading
waterfall was practically empty except for a sunbathing Caucasian gentleman reading a book. There was a serene resort
ambience at 11.15 am on this sky-blue Sunday . Ms Sato really liked the gym equipment which she
said was as good as those in her California Fitness Centre club.
Her flat mate expressed great surprise on being shown the hot-water spa beside the gym and
since both chatted animatedly in Japanese, I guess this was part of the Japanese culture.
Access to the apartment was by a card and this
security was important for single expat ladies. They saw the sea views of Sentosa
Island, the Merlion statue to the right from the living and master bedroom and were
impressed as this was a 7th floor apartment. The second bedroom had green tree
views. Ships and ferry boats were moored and framed as a picture from the
window of the master bedroom. A long road to Sentosa Island could be seen. The
2nd bedroom faced a slope of green trees, probably going up to Mount Faber. No
traffic noise was heard although it was facing the main road.
The Japanese ladies were expressing their admiration of the features and interior design
of this modern apartment in Japanese. They saw the electronic safe in the closet
which they thought would be of no use to them. There was an Singapore airline
stewardess batik uniform in the cupboard.
Their inner beauty was illuminated by their body language and their chattering. Both
the landlady and I do not undertand Japanese but we had a good feeling that they would
take good care of the condo
The landlady just liked them and the fact that they said they would look after the place
well. They spoke good English.
As I told them that the Landlord was particular about the background of the prospective
tenants, both ladies remembered that they had name cards after checking their purses and
gave them to the landlady and of course, to me. It must be hard for single ladies to
trust strangers with the name cards.
I asked them to discuss what rent they would offer. When they offered $1,500 rent,
the landlady agreed immediately. There was profuse thank you. I did brief the
landlady that the husband had stated a minimum of $1,600 rent but she did not even
negotiate.
Later, the husband phoned to tell me that it was a mistake, but I told him that his wife
had shook hands with the prospective tenants.
After informing the existing landlord of the Jurong HDB
apartment in which they were renting 2 bedrooms, non-air conditioned, at $860 per month,
Ms Sato phoned to say they would take up the Harbourlights apartment. However,
payment of the rental deposit would be on Tuesday.
The Landlady had said that the keys would be handed over once the rent deposit of 2
months and advance rent of 1 month is paid and the ladies could move in early, even 10
days before the commencement of lease. I had to explain as the ladies did not
understand the offer of an early occupancy without having to pay rent.
Monday, January 10, 2000.
I advised Ms Sato to give a holding deposit
immediately and went to her office at 9.am. Received a holding deposit of one
month's rent from Ms Sato and a signed Letter of Intent. The tenancy agreement was
given to her and she said she would give it to her flat mate at night. The Landlord
was informed immediately that the holding deposit cheque was banked into his account.
However, she was in the gym till 11 p.m as her flat mate, Ms Kyoto told me when I phoned
up at 9.30 p.m. She had not read the contract and said that it would be 4 p.m on
Tuesday before she could sign the contract.
At 10 p.m, the Landlord received an offer of $1,600 from Realtor Joice whose prospective
tenant was a couple with a child and maid. They had not decided for the last 2 days.
The Landlord told her he had received a holding deposit from me. In any case, the
Landlady was not happy with the "arrogant attitude" of the wife who, by her body
language, was unhappy and probably had complained that the apartment was facing the main
road. This complaint might be used to drive the rent further down to $1,200 hopefully.
This is an example of why many Singapore landlords will prefer not to rent to
locals.
There was the issue of higher rate of wear and tear of the apartment since there were 4
occupants from Joice.
The apartment was sound-proofed and little traffic noise could be heard. The higher
offer of $1,600 was better than the $1,500 as in 2 years, there would be an extra $2,400
for the Landlord.
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