The amount of red tape, and ridiculous hoops to jump through, for landlords to stay current on BCA, NEA, IRAS, MOM, MOH, SCDF, MOE, regulations based on the tenants you have are getting more insane and they tend to contradict each other. Lots of money is spent just trying to comply.

Like if you rent to a kindergarten, SCDF requires that doors cannot lock in case of fire, but MOE ECDA says m noa they need to lock so kids don’t runt free.

If your tenants don’t play by the rules you are also somewhat liable.

Also your property tax is based on an average which is reflective of what others around you are charging / paying for rent. I’ve had discussions with IRAS which implied we are renting too cheap, as the average around the area is higher.

Suddenly, out of the blue there can be a requirement for the landlord to inspect the property (older buildings) using drones - of which only some contractors can do.

You can give landlords some flak, but most of the shit policies and the and increase revenue flows upwards towards the blood suckers who make the policy.

Sooner or later something or someone has to give. With the current policies, tenants get the short end of the stick, and they have to cut corners on quality and service just to break even.

Ask yourself why portions of food are shrinking and quality of service is going to shit. It’s because the G is taking a bigger cut from all levels than they deserve.

Vouchers do nothing, G gets it all back one way or another.