Singapore offers various housing rental options to suit varied budgets. Housing in Singapore can be broadly categorized into private housing and public housing.
Private housing: Private housing comprises of three options: Condos, private apartments and landed property.
Condominiums: Condominiums or condos as they are popularly called, is the most common type of private property that Singapore's expatriate community turns to. Condos are equipped with pools, gyms, tennis courts, BBQ pits, etc. and are located in the Central Business District (CBD) as well as the suburbs. Depending upon the property location, property age, apartment size, and condo amenities, the average rental range for condos in the suburbs is from S$3,000 a month. Note that the rent for condos in the prime districts such as Bukit Timah, Newton, Orchard, etc. can go up to S$6,000 a month. Condos can be found in every neighborhood. However, the popular locations for condos are the East Coast, West Coast and Central areas.
Private apartments: Private apartments are similar to condos except that they are smaller developments and equipped with fewer facilities. Most private apartments have a small swimming pool. Other amenities such as tennis courts, gyms, a club house, etc. are not offered by private apartment complexes. The average rental range for private apartments in the suburbs is between S$2,300-S$4,000 a month, while the prime areas command a higher rental range of S$4,500-S$6,000 a month.
Landed property: Landed property are stand alone houses that are quite rare in Singapore and extremely expensive. The average rent is around S$6,500-S$15,000 a month.
Image: A typical stand alone house in Singapore.
Public Housing: Public housing in Singapore comprises of flats built by the Singapore Housing Development Board. 80% of the local population live in HDB flats. Unlike other countries, public housing in Singapore does not have a negative connotation and is not associated with a lower standard of living. Most HDB flats are located in self-contained neighborhoods with close proximity to shopping malls, medical centers, schools, train stations, etc. HDB flats range from two bedroom apartments to 4 bedroom units. Unlike condos there are no amenities like swimming pools, gyms, BBQ pits etc. However, all HDBs have a common children's play area and a basketball court. Some of the matured HDB estates are Clementi, Hougang, Bedok, etc., while the newer HDB towns are in Sengkang and Punggol. Depending upon the location, apartment size, proximity to amenities etc., the average rental range for HDBs is S$1,000-S$2,500 a month. Note that the HDB also builds what are known as "Executive Condos" i.e. HDB apartments that are similar to condos.
Image: A typical HDB housing estate in Singapore
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