SINGAPORE (BLOOMBERG) - Not helping any with Singapore's image as home to a bunch of crazy-rich Asians comes the almost too-ridiculous-to-be-true story of a man who rented a swimming pool for S$10,000 (US$7,040) a month.. Read more at straitstimes.com.
SINGAPORE - Not helping any with Singapore's image as home to a bunch of crazy-rich Asians comes the almost too-ridiculous-to-be-true story of a man who rented a swimming pool for $10,000 a month.
He initially wanted to lease the entire $30 million bungalow in Sentosa Cove, an upscale residential area on an island off Singapore's south coast. But the monthly rent of $30,000 was too high, considering it would have been on top of the not-insubstantial amount he was paying for a nearby apartment, according to Mr Lester Chen, a real estate agent at Singapore Realtors Inc.
With Singapore entering its fourth week of a partial lockdown that has now been extended until June 1 to reduce a surge in coronavirus cases, people are barred from loitering outdoors. Public facilities such as sport halls and gyms are closed. Similarly, amenities in condos are shut to deter social mixing. Individuals face possible fines, jail terms or suspension of their work permits for non-compliance.
"I spoke to the owner and we agreed to lease out the pool and garden on two conditions. First, it will only be a short-term lease of three months. And if someone else wanted to rent the bungalow in its entirety, we can terminate the agreement," he said.
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