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Jan 4, 2024 · Due to the strict rules and regulations, it is not very easy for foreigners to buy property in Singapore. As a result, many prefer to rent a house for themselves. In this process, we have put together a handy guide to assist you with the house-hunting process and find your dream home.
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Oct 4, 2024 · 5 steps to rent a property in Singapore as a foreigner. 1. Search for properties. 2. Prepare the necessary. 3. Submit a Letter of Intent (LOI) 4. Sign the Tenancy Agreement (TA) 5. Do a final inspection of the property. Image: Freepik. Available types of property for rent in Singapore.
- Contents
- Where Should You Live in Singapore?
- How Much Does It Cost to Rent A Room Or Home in Singapore?
- Estates That Are Popular with Expats and Renters
- What Makes A Place More expensive?
- How to Make Sure You Aren’T Getting Ripped Off
- Should You Use A Housing Agent?
- How Much Cash Do You Need to Get started?
Singapore might be a pint-sized nation, but where you live can have a huge impact on your lifestyle, your wallet and your sanity as you commute to work each morning. You’ll see the numbers of the various districts labelled above. Here are the areas they correspond to. The various areas in Singapore can roughly be broken down into the following cate...
You’ll need to first decide what type of accommodation you wish to rent. You have the following choices, ranked from least to most expensive. Room in a shared HDB flat: This often (but not always) entails living together with the landlord. A room for rent in an HDB flat (public housing in which about 80% of the population lives) is your cheapest op...
The vast majority of Singaporeans tend not to rent homes, preferring to (or rather, having no choice but to) live with their parents until they’re ready to purchase a home. As a result, the rental market tends to almost exclusively serve foreigners, although this is changing slightly with the younger generations of Singaporeans. The new gen kids ar...
As you can see, rental prices can fluctuate wildly, which seems odd considering you can drive across the entire island in under an hour. Here are some factors which can raise rental prices considerably. Location—Despite the small size of Singapore, location is everything when choosing a home. Picking the right location can be the difference between...
Doing research on rents is essential before you sign a contract for lease. There are lots of online portals that can give you an idea of the kinds of asking prices on the market, such as the following. 1. 99.co 2. PropertyGuru 3. SRX Property 4. Singapore Expats Forum Note that most of the quotations you’ll see on these sites are actually inflated ...
It is absolutely not necessary to use a housing agent, but it can make life easier if you’re time-strapped (eg. you landed in Singapore today and need to get a place ASAP). An agent will source for places you can rent, and then take you to view them. Agents usually have cars, which means they can pick you up and drive you from place to place, enabl...
Other than your first month’s rent, you will need to set aside the following sums at the get-go. Security deposit—A typical security deposit amount is 1 month’s rent for 12-month leases and 2 months’ rent for 24-month leases. Agents’ fees—This only applies if you hire an agent who’s acting for you and not for the landlord. These are typically half ...
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Jun 28, 2024 · Start your housing journey with this 7-step guide in renting an HDB or 6-step guide in renting a condo in Singapore for foreigners. If you’re looking to rent a room, here are the answers to the frequently asked questions when renting a room in Singapore.
Nov 3, 2020 · An expat in Singapore reading up on how to rent a room or home here? Here's a step-by-step guide to shortlisting, inspecting and committing to a rental property in Singapore.
Apr 1, 2024 · In order to rent, regardless of your chosen property, you will need to be a legal resident of Singapore (a permanent resident, or on a long-term pass such as an EP or work pass), and not a tourist. Once that requirementis fulfilled, here are some other key considerations:
Jun 5, 2024 · Legal requirements and costs when renting a condo in Singapore. 3 factors to consider when choosing the right location. 5 steps to rent a condo in Singapore for foreigners. Speak to a property agent today to explore all your options and get tailored advice.
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