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How far will your rental budget stretch?
The following will give you some idea as to how much bang you can expect from your rental buck. Although obviously this depends on a number of factors, such as location, type of property and size of your property etc. this will give you some idea. Below estimates are for a family of four: two adults and two kids*.
1. If your budget is S$ 2.800-3.200,- per month, then expect quite a fancy apartment of about 1200-2000 sq. feet, regular condo facilities included. Examples are The Bayshore, Mandarin Gardens and Pebble Bay
2. If on the other hand you have S$7.000-8.000,- allocated for rent, then you'll be able to choose from any number of spacious and luxurious apartments, including a wide variety of quality and immaculately-maintained facilities (swimming pool, tennis court, gym etc.). Ardmore Park and Four Seasons Park fall into this category. Having said that, in some cases even a landed home is within reach.
3. If you have S$ 15.000-S$30.000,- to spend, you can rent a rather large upmarket bungalow in one of Singapore's , such as Holland Road, Bukit Timah, River Valley, Tanglin Road or even around Orchard Road.
*Please note that above are mere guidelines, as rents tend to wax and wane, sometimes quite sharply, with economic boom and bust times. On the whole however, it's quite safe to say that rents have been on a gradual downward trend for the past 6 months or so and currently (February 2012) are still under pressure.
Tip: Bookmark this site, because I'm sure the information you find here will come in very handy during your initial explorations here in Singapore and even long after you've settled down in your new life.
BTW, since chances are that you'll be moving here, it's never too soon to get to know what the emergency number is in Singapore - 995.
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Bayshore Park sea view
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Resort living
Bayshore Park
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