10 Things to Consider Before Renting a Property in Singapore

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Singapore was named by the Global Property Guide as the 10th most expensive city in the world. On average, the cost of rent is $3,400 per month for a 120 square meter property. The size is spacious enough for a family of four.

There are five common property types in Singapore: private apartment, HDB, HUDC, landed, and commercial. HDB stands for Housing Development Board. They are residential houses that are publicly governed and developed. HUDC means Housing and Urban Development Company. These are flats originally created for middle-income families during the 70s and 80s.

If you are looking for a property for rent in Singapore, here are things to help you find your new home soon:shutterstock-133732412(1)

  1. Utilities The most important utilities to check are water, gas, and power. Also, check if the heater is working properly. Most properties in Singapore already have WiFi and Air-con included. There are high-end condos that even have all the furniture and appliances you need but they are typically the expensive type.
  2. Location Is it nearby MRT/LRT services, restaurants, shopping places, churches, hospitals, and supermarkets? If you have school-age children, it’s also important that it is nearby schools.
  3. Landlord Nobody wants a landlord who will be all up in your business or someone who has no interest in fixing the house issues. As a tenant, you have the right to live in a healthy and safe environment. Your landlord should be cooperative enough to ensure your wellness while staying in the property.
  4. Budget The first thing to ask yourself is “Can I afford this?” You can find partly renovated flats at $2,000 but if you prefer a fully furnished unit, be prepared to shed out at least $3,500 per month. Make a budget and stick to it.
  5. Pet policy Singapore is definitely a pet-friendly city but take note that there are a lot of regulations when it comes to owning a pet. If you are planning to live in an HBD flat or residential unit, you may only have one small breed dog with you. You can only keep up to three dogs when you are in a private residence or commercial premises.
  6. Neighbors This may not be the most important factor but it is definitely better if you have friendly neighbors. Visit the neighborhood at night or at weekends and check if the surrounding is noisy or not.
  7. Length of lease According to the new rental regulations in Singapore, you cannot rent out a whole condominium unit or room for less than six months. You can only do so if it was approved by the Urban Redevelopment Authority. From eight unrelated tenants, the maximum number of unrelated tenants allowed is now down to six. Room sharing is very common among workers in Singapore.
  8. Safety Singapore has one of the lowest crime rates in the world. But that does not mean life in Singapore is always rainbows and unicorns. No country is free from threat. It’s always better to be safe than sorry, so check if the property has a security system or if the doors and windows are secure enough.
  9. Amenities Rental condominiums usually have a swimming pool, tennis courts, gymnasium room, and barbecue area. The amenities offered will also depend on your budget.
  10. Parking Check if the unit has a covered car park. Otherwise, it should be walking distance to a parking garage. Take note that only a few HDBs have the free parking scheme.private-homes-condo

Ultimately, familiarize yourself with Singapore’s new rules and regulations about rental properties. Pay extra attention when inspecting the property before signing the tenancy agreement. As a tenant, your landlord expects that you will be responsible for taking care of the property. If you still cannot find the best property for you, you may get help from an agent or an apartment locator.