Types of Property in Singapore

Before arriving in Singapore, it seems common that lots of people may think they will be living in a small, cramped HDB flat. This may be further from the truth, although HDB flat is certainly available if it suits your needs. Moreover, in Singapore, HDB flats are not that small and cramped. Singapore has lots of choice for housing. Take as much time as you possible to find somewhere you like for all the right reasons.

Today, with the price of housing continuing to increase, many people in Singapore find it unaffordable or unwise to buy a property, therefore, to find rooms for rent in Singapore http://www.huffe.com/rooms-for-rent-singapore is increasingly becoming the best option.

Types of property in Singapore
There are several options to choose when you want to find rooms for rent in Singapore. The types of property available include:

1. Landed property
Depending upon the location and the size of the house, rental price for landed property can vary from $10,000 to $30,000 per month. Landed property has three main types:
a. Terrace Houses. These are houses which share common walls with neighbours on both sides, unless at the end of a row.
b. Semi-detached Houses. These houses share one wall in common with a neighbour.
c. Detached Houses. These houses do not share any wall with other houses.D

2. High-rise building
a. HDB flats
In Singapore, subletting an entire apartment requires permission from the Housing Development Board, and that subletting a bedroom is only possible for 3-bedroom flats or larger. An entire unit would cost $2,000 to $3,000 per month on average to rent in Singapore, while a room can cost between $500 and $1,000.

b. Room rental
The cost of sharing an apartment ranges from $500 to $1,500 per month, depending on whether you are renting a common or master bedroom or not. It is important to agree beforehand on issues such as the sharing of electricity, water and telephone bills and privacy rights.

c. Service apartments
This type usually comes with gyms, cafes, business centers and cleaning services. The monthly rental prices for these typically range from $2,500 to $6,000 for a one-bedroom apartment, and $5,000 to $10,000 for a two-bedroom apartment.

d. Condominiums
These are properties with facilities such as security, gyms and pools. Smaller condominiums may not have as many facilities. Monthly rental costs for condominiums typically range between $2,500 and $10,000.

e. Penthouse
Penthouses often have their own pools, rooftop gardens and terraces. They top the high-rise buildings in Singapore. Rental costs typically range from $10,000 to $30,000 monthly.