810173 - The Wilshire

Singapore Real Estate Classifieds Singapore Housing sponsored by Asiahomes Internet.

Ref: 810173

Housing: The Wilshire
Subject: Asia USA Research: The Wilshire (4+1).
Case study: Realtor, professionalism of. Integrity.
For Rent: Penthouse, 3+1, 5000 sf with ROOF TERRACE, $9,000 p/f (details in article). Other units, call (65) 9668 6468 or drsing@asiahomes.com

The Wilshire

Date of report: October 17, 1998

Location: 22 Farrer Road, 5-minute drive to Orchard Road/Holland Village.

Age: 14 years old.

Contact Asia USA (65) 9668 6468 if you wish to rent a unit, anytime when you arrive in
Singapore and have recovered from jet lag.
We just go house hunting when you call, provided we are tied up house-hunting with others.
You come first. Email drsing@asiahomes.com

Total no. of units: 20
3-bedroom: 204 - 215 sqm
4-bedroom: 275 - 287 sqm
Penthouse: 350 - 497 sqm (roof terrace 1,500 sf).
Details of unit for Rent:

Penthouse 3+1, 5000 sf (3500 built-in and 1500 sf roof terrace for entertainment). Parquet wooden tiles in living/dining and all bedrooms attract Caucasians who want to be close to nature and not the waxy marble flooring. Roof terrace for expats who entertain frequently at home. 7^th floor is not too high to give Caucasians (exception being New Yorkers) that dizzy feeling when looking down.

Finishes: Living/dining - ceramic tiles unless renovated. Bedrooms - parquet. Built-in wardrobes, kitchen cabinet, cooker hob and hood and air conditioning system. 4 bedrooms with attached baths.

Facilities: Swimming pool, covered car park, 24-hour security.

Occupancy Rate: Almost 90%. Near Orchard Road, seldom available for rent. For rental, contact drsing@asiahomes.com

Competitors: Waterfall Gardens, Acardia Garden (US expat enclave), Gallop Gables (brand new) and many others.

Newcomer expat: Please contact Asia USA drsing@asiahomes.com to help you get the best deal.

Investors to note: Freehold. Be careful as it does not have full condo and is "aged".

Advantages:
1. Low density and only 7 floors.
Disadvantages:
1. Not much view as condo is surrounded by buildings.
Affordable Homes for Expats brought to you by Asiahomes Internet.
Blk 1002, Toa Payoh Lorong 8, #01-1477, Singapore 319074.
Tel: (65) 9668 6468. (65) 254 2728. Fax: (65) 256 0501. Owners/realtors,
email drsing@asiahomes.com to advertise your property for rent.

Call Asia USA 9668 6468, 254 3326 for viewing.
Owners & Realtors:
advertise globally at AFFORDABLE 24-HOUR ADVERTISEMENT RATES
S$13.50/40 words/3 months your property for rent or sale by Internet in Asiahomes Internet, an associate of Asia USA. Email drsing@asiahomes.com

This true case is written for the Internet education of first-time realtors of Asia USA.
Case study: Realtor, professionalism of. Honesty is the best policy.

"The Owner said that your offer of $8,300 is too low," said co-broking realtor Mr M after he had received the Letter of Intent from Asia USA realtor for the Cuscaden Tower 4+1. We presumed he had contacted the Owner.

"I commenced marketing of this unit and Mr M had to co-broke with me…… The Owner now asks me to recommend renovation contractors and both husband and wife are the Owners and they have no notice of any offer to lease from anybody including Mr M," said realtor Ivy. Asia USA realtor had asked her whether there were many co-owners, one of whom might have had been informed of the offer to lease by Mr M.

Asia USA also contacted the other 4 realtors who advertised Cuscaden Tower for rent. Realtor Ivy responded few hours later and we told her that we had seen that particular unit with Mr M and the offer had been given to the Owner. This way, we would not duplicate viewing.

We contacted Mr M who was in real trouble with the Owner who had been informed by Ivy immediately.

If you represent the Landlord, even on a non-exclusive basis, do a professional job and contact the Owner immediately, no matter how low the offer. If you can't bear the scoldings and the insults from the Owner, do not handle the case. Some Owners get abusive on receiving "low" offers but this is the risk. Some do accept "low offers" or compromise to close.

Do not horse around with co-broking agents who will become more wary of you in future dealings if they bother to deal with you at all.

Owners don't respect you if you are dishonest. Be honest to your co-broking agents and you get more referrals and co-broking cases.

Having problems renting your condo? Why not pay $13.50
to advertise in www.asiahomes.com.

Expats relocating to Singapore use this website frequently as a starting point (see "About Asia USA" as it is full of information and photographs on Singapore rental housing. You have 90 days and 24-hour exposure of your property direct to other prospects including realtors. Email drsing@asiahomes.com