Serviced Residences @ Stevens, Singapore

Security Deposit

• The security deposit is equivalent to 1 month’s rent.
• The security deposit will be refunded within 45 days after the lease expiry date.
• The moving-out fee will be deducted from the security deposit before the remaining balance is credited back.
• Repeated indoor smoking violations will result in immediate lease termination and forfeiture of the security deposit.

Booking Deposit

• A security deposit equivalent to 1 month’s rent is required to reserve the room.
• Upon signing the Licence Agreement, 1 month’s rent in advance is required.
• The advance rent includes a $50 membership fee.
• The deposit or reservation fee already paid is non-refundable if the booking is cancelled.

Mode Of Payment

• • Payment must be made by bank transfer.

Pay In Instalment

• • Rent is payable monthly.

Additional Fees

• A one-time administrative fee of SGD 223.45 (after tax) is required.
• Stamp duty is payable to the government and is calculated separately.
• Moving-out fee ranges from SGD 163.50 per room to SGD 273 per unit (GST included), depending on the room type.
• If 2 occupants stay in 1 room, an additional SGD 200 rental charge applies.
• Utility usage is covered up to SGD 125 for 2-person occupancy.
• Smoking is prohibited. A fine of $300 will be charged for violations

Other cancellation policies

• • If a booking is cancelled, the deposit or reservation fee already paid (whichever applies) will be non-refundable.

Smoking

• No smoking indoors. A fine of $300 will be charged for violation. Repeated violations will result in immediate lease termination and forfeiture of the security deposit.

Quiet hours

• No loud noise late at night

Guest policy

• Overnight guests are not permitted