CCN REALTY PTE LTD (ROC : 199905720E) (Licence : L3008138F)

2 Jurong East Street 21 #04-01A IMM Building, S609601

Tel : (65) 6565 5155 Fax : (65) 6566 1998

LETTER OF INTENT (Condo / Apartment Lease)

(SUBJECT TO CONTRACT)
Date : _______________________________

ATTENTION : ________________________________

c/o______________________________

________________________________ FAX: _______________________

Dear Sir/Madam,

PROPERTY: __________________________________________________________________

We write to confirm that our client ______________________________________________

________________________________________ (Employee: _________________________)
intends to lease the above-mentioned premises subject to your acceptance of the following
terms & conditions :-

TERMS OF AGREEMENT

Rental S$___________ per month (*unfurnished/ partially/ fully furnished)

inclusive of GST (if applicable), monthly maintenance charges,
fixtures, fittings, appliances payable on or before the ________
day of each month during the term.

Commencement Date __________________ 2_______.

of Lease

Period of Lease ___________ (___) months with an option to renew for a further
term of ___________ (___) months at the then prevailing market
rental to be mutually agreed by both parties.

Diplomatic Clause Will only apply after twelve (12) months occupation by the Tenant’s
designated employee, and thereafter the tenancy may be
terminated by the Tenant by giving two (2) months’ notice or two
(2) rental in lieu of such notice.

Security Deposit Equivalent to ___________ (___) months’ rental totaling

S$______________ to be held by the Landlord and refundable
without interest to the Tenant within fourteen (14) days after the
expiry of the lease.

Goodfaith Deposit ___________ (_____) months’ goodfaith deposit of

S$______________ payable on the signing of this Letter of Intent.
This deposit will be applied to the 1st month’s rental at contract
execution.

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Utilities Supply / To be borne by the Tenant.
Telephone Charges

Singapore Cable Vision The Landlord will provide a minimum of one (1) S.C.V. point in the
Subscription premises while the Tenant will be responsible for the subscription.
Any additional SCV points required by the Tenant shall be borne by
the Tenant.

Air-Conditioning Quarterly air-conditioning service and maintenance charges to be

borne by the Tenant throughout the term of lease. Landlord to be
responsible for the repair and replacement of parts not arising from
willful misuse or gross negligence of the Tenant.

Legal Costs Each party to bear its own legal cost for preparation of the
Tenancy Agreement, if any.

Stamp Duty The cost of stamping the Tenancy Agreement will be borne by the
Tenant.

Minor Repairs The Tenant shall be responsible to pay for minor repair charges or
to replace expendable items in the inventory up to S$__________
per item.

ITEMS TO BE DONE AND PROVIDED AT THE LANDLORD’S EXPENSE

(other than those items already present at the premises)

1. To ensure that all electrical, plumbing and sanitary installations are in good and
serviceable condition prior to the commencement of the lease.

2. To carry out initial servicing to all air-conditioning units, and to ensure all faulty
appliances (if any) and any other defects (if any) are rectified prior to the commencement
of the lease.

3. To ensure the cleaning of the entire premises including all cabinets, wardrobes,
appliances (including refrigerator, cooker hob, oven, cooker hood), windows, curtains,
etc. prior to the commencement of the lease.

4. To clean and touch up the interior and exterior of the entire premises. This includes
walls and ceilings, the metal railing of the balconies, windows and doors.

5. To thoroughly clean all marble, parquet and any ceramic flooring.

_______________________________________________________________________

_______________________________________________________________________

_______________________________________________________________________

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As a genuine gesture to lease your above premises, we enclosed herewith a cheque of
S$____________ being payment as goodfaith deposit to be held by the Landlord for securing
the above said property.

We agree to sign the Tenancy Agreement with the Landlord within TEN (10) days from the date
of this letter.

The parties hereto agree that if for any reason the Tenancy Agreement is not agreed upon and
signed by both parties within the aforesaid TEN (10) days for the stated occupier is relocated or
transferred from Singapore to another country prior to the signing of the Tenancy Agreement,
only in this circumstance shall the goodfaith deposit paid herewith be refunded to the Tenant
without any interest or deductions within THREE (3) days. Thereon and thereafter, neither party
shall have any claim against the other.

In the event after signing this Letter of Intent, the Tenant is not agreeable to proceed to signing
of the Tenancy Agreement, the goodfaith deposit shall be forfeited by the Landlord.

In the event that the goodfaith deposit is forfeited by the Landlord, then half (1/2) of the said
amount shall be paid to the Landlord’s Salesperson.

Likewise, if the Landlord is not agreeable to proceed to signing of the Tenancy Agreement, the
Landlord would compensate the Tenant one month of rental apart from returning the goodfaith
deposit paid earlier.

Upon signing of the Tenancy Agreement on such terms as may be mutually agreed to by both
parties, this goodfaith deposit shall be treated as the first rental payable under the agreement.

Yours faithfully,

_________________________
Estate Agent : CCN Realty Pte Ltd (Licence No. L3008138F)
Salesperson’s Name :
NRIC No. :
CEA Reg. No. :
Date:

Please sign on the duplicate copy confirming your acceptance of the above-mentioned terms &
conditions.

Confirmed and acknowledged by :

____________________________________ Dated : _____________

Signature of Tenant(s)
Company’s Stamp

Name*/*PP/NRIC No. : __________________________________________________________

Company/ROC No. : ___________________________________________________________

Mailing Address : _____________________________________________________________

CCN_LOI_CondoApt_Form19 Page 3
 ACCEPTANCE COPY

We/I, the Landlord(s)______________________________NRIC No: _____________________

and ___________________________________________ NRIC No: _____________________

acknowledge receipt of cash/cheque no: _______________________ of amount

S$__________________ being goodfaith deposit for the lease with terms and conditions as
mentioned in this Letter of Intent.

______________________________________ Dated : _____________

Signature of Landlord(s)
Company’s Stamp

_______________________________________
Signature of Witness
Salesperson’s Name :
NRIC No.:
CEA Reg. No. :

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