Short-term rentals (6 months or less) offer flexibility for uncertain situations but typically cost 10-20% more per month and provide less stability. Long-term leases (1-2 years) usually offer better rates, priority during renewals, and stable housing, but limit your ability to relocate quickly. Consider your career stability, relationship status, and life plans. Many landlords prefer long-term tenants and may offer incentives like rent freezes or minor upgrades.
Generally, HDB flats are most affordable, condominiums cost 30-50% more than comparable HDB units, and landed houses are the most expensive. However, prices vary significantly by location - a prime location HDB might cost more than a suburban condo. Factor in additional costs like condo maintenance fees, landed house utilities, and transport expenses when comparing total housing costs.
Check names of parties, address, start date, length, payment schedule, inventory, access to facilities, and who handles maintenance. Confirm guest policy, notice periods, and early termination terms in writing before paying any deposit or handing over documents.
Research comparable listings to understand market rates before negotiating. Be prepared to make quick decisions as good properties move fast. Consider offering longer lease terms for rent discounts, or ask for inclusions like utilities or internet. Present yourself as a reliable tenant with references and proof of income. Avoid lowball offers that might offend landlords.
When relocating from overseas, arrange virtual viewings through video calls, request detailed photos and floor plans, and consider hiring a local representative for in-person viewings. Time viewings carefully around your arrival date, and prepare to make quick decisions in Singapore's fast-moving market. Have all required documents ready digitally, and consider temporary accommodation for your first few weeks to allow for proper in-person viewing before committing long-term.
Common deductions include excessive cleaning needs, damaged furniture or fixtures, unpaid utilities, missing keys or access cards, and alterations made without permission. Normal wear and tear should not be deducted. Take detailed photos at move-in and move-out to document the property's condition. Keep all receipts for any repairs or replacements you make.
Factor in daily transport costs to work, not just rent. A cheaper rental far from MRT might cost more overall with daily taxi/grab rides. Consider monthly transport passes, peak hour surcharges, and travel time value. Properties near MRT stations command higher rent but offer convenience and cost savings. Calculate your total monthly housing + transport budget realistically.
Students and young professionals often prefer HDB rooms for affordability and convenience. Expat families typically choose condos for amenities and international community. Established families might opt for landed houses for space and privacy. Consider your lifestyle priorities: budget-conscious renters suit HDB, amenity-seekers prefer condos, and space-needing families benefit from landed properties.
Prepare a list of questions about utilities, maintenance, lease terms, and neighborhood amenities. Bring a measuring tape for furniture planning and take photos/videos for later comparison. Check water pressure, electrical outlets, mobile reception, and natural light. View properties at different times if possible to assess noise levels and traffic patterns.
You need to plan beyond just monthly rent. Budget for your security deposit, utility bills (electricity, water, gas), internet, and any regular maintenance or air-con servicing costs. Also factor in moving expenses and possible agent fees.