Suppose you are on a vacation or business trip in Singapore. In this case, you’ll want the best accommodation for the entire period. Getting a short-term room rental in Singapore is no major hassle. Yet, unless you understand the dynamics within the real estate industry within this country, you’ll barely get what you envision.
Here are a few things you have to keep in mind during the process.
Undoubtedly, you’ll want to know the price of short-term room rentals in Singapore before you settle for one. Since everyone looks forward to sticking to a specific budget, it would be best to compare rental prices.
The cost of living in Singapore varies with various factors: property age, city proximity, recreational facilities, and the quality of furnishings. As long as you need the best in the market, you’ll have to dig deeper in the pocket.
Once you decide how much you are willing to pay for the short-term stay, you can choose the type of property to stay. The following are the various options and the pricing you should expect.
Condos are an excellent choice for most expats in Singapore. These properties offer premium-quality recreational facilities and social amenities. The pricing of these condos will often vary with the proximity to the city, age, quality of recreational facilities, and size.
You’ll pay between S$7000 and S$15000 per month for standard 3-bedroom condos. If you are looking for a property close to the city, it would be best to have between S$8300 and $13000 per month.
ii. HDB Flats
Housing Development Board flats are subsidized public houses for Singaporeans. While this option is not very accessible to most visitors, you can still score a deal. Getting this option assures you of unrivaled affordability, social amenities, and recreational facilities. However, it would help to keep in mind that HDB flats do not offer luxury. If you are looking for a 3-bedroom HDB flat, you will pay between S$2200 and S$3000 per month.
iii. Serviced Apartments
If you are looking forward to avoiding too much hassle, serviced apartments will come in handy. This option offers you hotel-style services, meaning that you get a flexible lease. Most of these apartments assure you of a one or two-bedroom arrangement. Renting a one-bedroom serviced apartment in prime areas will cost you between S$7000 and S$14000 per month. You could also consider a single room, costing you between S$500 and S$800. As long as you choose a suitable location, you’ll be sure of better security and serenity.
iv. Paying Guest
How about when you are not sure of the staying period? In this case, you can consider paying for a private apartment in any part of the city. The cost of renting such a room will often depend on how long you intend to stay. Regardless, you get the affordability you envision. Most of these arrangements will cost you between S$800 and S$1800 per month.
In conclusion, your stay in Singapore does not have to be costly. The options mentioned above are suitable for almost everyone. All you have to do is select one that appeals to you the most.
This is a sponsored post.