With Singapore welcoming more expatriates through quarantine-free travel, now is the perfect time to find a long-term rental in this dynamic place. Renting an apartment here is often a smarter choice than buying, especially if you plan to stay for a few years. But before you dive in, understanding the ins and outs of the process can save you time, money, and unnecessary stress.
Setting Your Rental Budget
The first step in your apartment hunt is setting a realistic budget. A good rule of thumb is to allocate no more than 25% of your monthly income to rent. This helps narrow down your options and ensures you’re financially comfortable. If you’re considering upscale areas like the Central Business District (CBD), make sure the added cost is worth the premium location and amenities.
Understanding Upfront Costs
Renting an apartment requires an initial financial outlay, which typically includes:
- Security deposit (usually one to two months’ rent)
- First month’s rent upfront
- Brokerage fees (if applicable)
- Application and logistics fees
Since these costs add up quickly, planning your finances in advance will make your move smoother.
Choosing the Right Location
While Singapore’s efficient public transport system makes commuting easy, choosing the right location is still essential for your daily convenience. Consider factors such as:
- Proximity to your workplace
- Accessibility to schools, parks, and healthcare facilities
- Availability of grocery stores and other essentials
Visiting potential neighborhoods at different times of the day can help you understand traffic patterns and get a feel for the community vibe.
Inspecting the Property and Neighborhood
A lively and well-connected neighborhood can make your living experience more enjoyable. Visit the area on weekends when more residents are home, and strike up conversations with locals for firsthand insights. Check out nearby amenities like markets, gyms, and cafes to see if they match your lifestyle.
Considering Additional Costs
Besides rent, other expenses such as electricity, water, gas, and internet may not be included. Carefully review your rental agreement to check for:
- Utility costs
- Maintenance and cleaning fees
- Additional charges for amenities
Factoring in these expenses ensures that your total cost remains within budget.
Verifying the Landlord and Lease Agreement
Before signing a lease, research the landlord and property agent to avoid potential issues. Some landlords may delay returning deposits or be unresponsive to maintenance requests. Reading online reviews, seeking recommendations, and thoroughly reviewing your tenancy agreement—including clauses like early termination and security deposit refunds—can save you from future disputes.
Finding Rentals Without an Agent
Want to skip the agent fees? Look for rentals through property listing websites like PropertyGuru, social media groups, expat forums, and local newspaper classifieds. Word-of-mouth recommendations from colleagues or friends can also lead to great deals and hidden gems.
Never Rely Solely on Photos
Online listings often feature polished images that may not reflect reality. Always schedule a visit to inspect the apartment in person. Pay attention to:
- Proper ventilation and natural light
- Condition of walls, floors, and plumbing
- Any hidden damages or maintenance issues
Skipping this step could lead to costly repairs and disappointment.
Ensuring Proper Cleaning and Sanitization
Before moving in, confirm whether the apartment has been professionally cleaned, especially if previous tenants recently vacated. If needed, arrange for deep cleaning and disinfection to ensure a fresh and hygienic start in your new home.
Checking Pet Policies
If you have a pet, check the building’s pet policies before signing the lease. Some apartments may have restrictions on certain breeds or require additional deposits. Clarifying these terms upfront will prevent future hassles.
Keep Your Home in Top Shape with Reliable Services
Once you’ve secured your rental, keeping it well-maintained is key to a hassle-free stay. Fixlaa offers trusted home services, including AC maintenance, deep cleaning, plumbing, electrical repairs, and pest control. Whether you need a quick fix or ongoing upkeep, Fixlaa’s professional team ensures your home stays in perfect condition.
Book a service today and enjoy stress-free living in Singapore!
