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A Lease Extension Agreement is used when both landlord and tenant wish to continue their lease relationship beyond the original term. This document is particularly relevant in Singapore's dynamic property market where both parties may prefer extending existing arrangements rather than negotiating entirely new leases. The agreement typically includes the extension period, any revised rental terms, and confirmations of which original lease conditions remain in force. It must comply with Singapore's property legislation and may require different provisions depending on whether the property is residential, commercial, or industrial. The document becomes especially important when dealing with HDB properties or when stamp duty considerations come into play.

1. Parties: Identification of landlord and tenant with full legal details

2. Background: Details of original lease and context for extension

3. Definitions: Key terms used throughout the agreement

4. Extension Term: Specific details of the extension period

5. Rent and Payment Terms: Updated rental amounts and payment conditions

6. Existing Lease Terms: Confirmation of which original lease terms remain in effect

7. Execution: Signing provisions and attestation