COMMON MARKET PRACTICES – AVERAGE RENTAL RATES

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

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