Co-Living Property Management Singapore | Proptiplyโ„ข

Property Management โ€” Proptiplyโ„ข | Bespoke Habitat
Don't want to manage tenants yourself?

We handle tenants.
You collect passive income.

Looking to unlock greater value from your residential investment property? Through our Property Management arm, Bespoke Habitat, we help you maximise the returns from your rental unit through our Shared Space concept โ€” without dealing with tenants yourself.

Proptiplyโ„ข Monetising Shared Space Concept
The Shared Space model โ€” lease out individual rooms instead of the whole unit, and let the combined rent outpace your costs.

What is the Shared Space concept?

We view the Shared Space concept as similar to co-living arrangements, but without the community aspect. Through a Shared Space arrangement, you can lease out individual rooms to individual tenants instead of traditional rental arrangements where the entire apartment is leased out under a single contract.

As a landlord under the Shared Space model, services such as wifi, cleaning and utilities are bundled as part of the tenancy agreement and made available to the tenant.

โœ“ Bundled into the tenancy
  • Wifi
  • Cleaning
  • Utilities
โœ• Not included
  • Organised barbeques
  • Karaoke sessions
  • Food tasting sessions

2 ways to monetise the Shared Space

In order to monetise or build cash flow from your Shared Space, your collective rental income needs to exceed your expenses.

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1. Own an investment property
If you already have an investment property, you can rent it out to individual tenants under the Shared Space model.
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2. Rent-to-rent model
If you don't own an investment property, you can rent an apartment yourself and sublet out the individual rooms to individual tenants.
Profit = Room Rental โˆ’ Base Rent โˆ’ Utilities โˆ’ Wifi โˆ’ Cleaning Fees

The total rent collected from leasing out individual rooms must exceed the base rent, wifi, utilities, cleaning and other expenses. Through the profit or positive cash flow generated, you gain an additional income stream.

How we can help you

Our property management services include the following:

01
Shortlisting suitable propertiesRent-to-Rent
We help you shortlist a suitable rental unit to rent.
02
Negotiations with landlordRent-to-Rent
We negotiate an attractive rental price and communicate to the landlord that you intend to sublet the unit to suitable tenants.
03
Space maximisation
We help you design and maximise the spaces in your unit so you can generate positive cash flow and maximise your rental returns.
04
Get your property rent-ready
We address issues that need fixing (plumbing, painting, rewiring, mold), install essential appliances like a washing machine and dryer, and give the unit a professional clean before your tenant moves in.
05
Tenant screening
We screen prospective tenants for your rental property and ensure they meet the ideal criteria.
06
Drawing up the tenancy agreement
We draw up the rental contract, including a set of rules every tenant must follow so everyone can enjoy peaceful living under the same roof.
07
Rental collection & maintenance
We collect your monthly rental, pay the relevant utilities and bills, and arrange professional cleaning. The profit after expenses is your additional income stream.

Note: Steps 01โ€“02 are only included if you're working on a rent-to-rent model, where you rent a unit in order to lease it out for positive cash flow. If you already own the property being leased out, these two steps aren't required.

Why choose us

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Experienced
We have more than 50 rental units under our belt and have been in the property investing industry for many years. As both investors and landlords ourselves, we understand the unique needs of landlords, tenants and investors โ€” and we've developed a checklist to help select suitable properties and tenants.
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Excellent service
We're committed to delivering excellent service to both investors and tenants. We understand what tenants care about and put in the effort to create a conducive home environment, with an easy onboarding process and open, timely communication.
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Leveraging technology
We use our specially developed in-house app to communicate with tenants and manage any issues that arise, reacting quickly to cases lodged on the app โ€” keeping tenants happy and encouraging them to extend their stay.
Ready To Get Started?

Find out what we can do for you

Reach out to us to find out what we can do for you and your rental property.