Agreement Template — Propnex Tenancy

This guide explains what the template is, its key clauses, how to fill it out correctly, and the compliance requirements in Singapore.

3. Rent and Payment Terms

• Monthly Rent: Clearly stated in Singapore Dollars.
• Payment Date: Usually the 1st or 15th of the month.
• Late Payment Interest: The PropNex template charges late payment interest at 1-2% per month. This is higher than bank rates but legally enforceable if explicitly agreed. Tenants: Negotiate a grace period (e.g., 3 days).

2. Aircon Servicing Penalty

The template imposes a $200-300 penalty if the tenant fails to service the aircon every 3 months. Ensure the contract allows a 14-day grace period. Also, confirm the landlord provides the name of the approved servicing company. propnex tenancy agreement template

e) Subletting

• Strictly prohibited unless landlord gives written permission (rare for whole unit; sometimes allowed for rooms in a co‑living setup).

A PropNex tenancy agreement template serves as a standardized legal framework designed to govern the relationship between landlords and tenants in Singapore’s competitive real estate market. As one of the largest real estate agencies in the region, PropNex provides these templates to ensure that lease transactions are transparent, equitable, and compliant with local regulations. Standardized Protection This guide explains what the template is, its

Diplomatic Clause: If you are an expatriate, ensure the agreement includes a "diplomatic clause" allowing for early termination if you are transferred out of the country. Monthly Rent: Clearly stated in Singapore Dollars

Financial Terms: Clearly stipulates the monthly rent amount, payment due dates, and the security deposit requirements.

• Sofa (3-seater, beige, no stains) – Condition: Good
• LG Refrigerator (Model GN-H702HL) – Condition: Working, minor scratch on left door

Notices
All notices shall be in writing and delivered by hand, registered post, or email to the addresses above and shall be deemed served on delivery.