SINGAPORE – Private residential and HDB reversed course last month, according to SRX Property flash estimates released on Wednesday (July 12).
Rents of condominiums and apartments rose 0.5 per cent month-on-month in June, swinging from a revised 0.6 per cent decline in May, though the number of units leased dropped
After a sustained slide last year, private rents have fluctuated monthly this year. But after June’s increase they are now down just 0.3 per cent to date this year. They are still 19.1 per cent off their peaks in January 2013.
By Joanne Poh, via moneysmart.sg
Owning a home is one of the most important items on Singaporeans’ checklist of life goals. And based on how horribly expensive it is to rent here, it’s easy to see why.
Renting a home or even just a room, even if it’s the only way for a 40-year-old virgin to get out from under his parent’s thumb, is usually frowned upon as a waste of money that could otherwise go towards saving for a downpayment.
For Rent – Eastpoint Green, Simei (Condo, 3Bedroom Unit)
Delight in this adorable home that’s just an arm’s reach to amenities.
Spacious, sophisticated, and alluring. All the best features you need to make your stay in Singapore worthwhile.
The Eastpoint Green. Welcome to your new home.
Best to understand what you should pay for rather than lose out. (via dollarsandsense.sg)
By Ching Sue Mae via dollarsandsense.sg
SINGAPORE — Renting housing units in Singapore is common, especially with Singapore being one of the most attractive countries for expats to live and work in. Very often, these rental units are leased by expats who are often unsure of how long they will be staying in the country or permanent residents.