Many Foreigners & Professionals in Spore are staying & renting in or near the city, in private apartments or condos with facilities for many reasons of their own. Some pay very high rental rates due to the location, condo & facilities. This is definitely fine as the rentee should be able to get premium quality for the location, Apartment & price of their choice.
While Singapore is currently going into a phase of implementing control measures to stabilise the property market just as in many countries where all Governments try to avoid bubbles in different sectors. The supply and demand of flats is an important criteria in determining the pricing of rental units in Singapore.
The majority of citizens in Spore live in HDB units or flats in Singapore. The rest stay in condos or private apartments.
Investors buy private apartments to rent out for passive rental income & property price appreciation.
Majority purchase to stay either in Private or HDB apartments.
The need for talent with people of specialised skills is in demand in every country. Every country is looking for people with such skills & talent. Even though there maybe a group of people with high demanding skills there will be opportunity for others to work in Singapore based on approved requirements & needs of the country.
When the world economy improves there are many opportunities for almost everyone but when the economy declines there is always the issue on jobs.
The place to live, work is each individuals choice. There will be good landlords, property agent's & rentee's however there are also the opposite of this in any country.
The role of this blog is to highlight the interesting areas in Singapore to anyone considering renting in Singapore. It will not be a tourist website advising places of interest but possibilities for a foreigner in choosing a place for rental.
There are many places in Singapore to live. If you are trying to find a place to rent & looking for a good location we suggest looking at APPROVED HDB flats or apartments with facilities near your home. It will not be a condo or private apartment or near the city but it would be much cheaper in price.
If however you need certain features you could always join a reputable club near your home or office to compensate yr needs. Most private apartments are much smaller than HDB units depending on your requirements.
Normally you should choose a place near your work and also transport like the MRT trains and Buses. The government has made this convenient throughout Spore. In Singapore there is accountability, reliability, stability . Many have said that it is a safe country but as in every country there are some exceptions.
Enjoy and live a happy life in Singapore.
We wish you the best.
