4 things landlords in Singapore should look out for in a Covid-19 market

The landlord of a new luxurious condo was especially proud that his unit came with the most expensive and sophisticated kitchen appliances. But never did he expect that this would result in a misfortune for him – his tenant’s domestic helper misused one of the appliances and triggered an explosion and fire.

While no one was hurt in the incident, the condo suffered serious damage that needed $75,000 to fix. Luckily for the owner, he had adequate home insurance to pay for it.