Rental rates are pretty standard in Singapore, if you are paying out of your own pocket, it might be useful to have some figures to benchmark on There are 2 main types of properties in Singapore which you can rent: 1) HDB: These are government owned flats, these have specific ethnic quota which ensures a… Continue reading COMMON MARKET PRACTICES – AVERAGE RENTAL RATES
Tag: condo
COMMON MARKET PRACTICES – RENTING EXPENSES
What are some of the expenses you need to prepare for when renting a property in Singapore? Let’s assume you are going to rent a studio apartment for SGD$2,800 for a period of 24 months. Prior to renting: Deposit: 2 month’s rent for 2 years lease – SGD$5,600 (Deposit amount is 1 month’s rent for 1… Continue reading COMMON MARKET PRACTICES – RENTING EXPENSES