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Is it realistic for me to find a single apartment with my budget?

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mechacarygrant
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Is it realistic for me to find a single apartment with my budget?

Post by mechacarygrant » Fri, 12 Aug 2016 1:31 am

I'm moving to Singapore really soon for work and will need to start looking for somewhere to live once I arrive. My salary won't exactly be so high, and the absolute maximum I'm willing to put down for rent is $1500 SGD a month. Work location is Hougang.

The thing is, I've lived with other people for so long now that I'm at the age where I really want to just have my own quiet, comfortable place to live. I really want to avoid roommates if possible. Is it realistic to find somewhere like this on my budget? My searches so far on realtor sites such as Nestia and . show me that I most likely won't find my own apartment unless it's a studio, and most of the pictures I see for those look rather depressing to say the least. The concept of kitchen seems to be lacking in most of them, and I surely don't want to live off of microwaved foods. The only other option I see is a dual-key apartment, which is something I've never seen before myself, so I don't know what to expect in terms of privacy there.

Anyways, the main point is I'm a very quiet person who's sensitive to other people's noise and messiness. I really just want somewhere I can relax in peace after a long day's work every day. What are my options on my budget, if I even have any options?

Thanks for any advice you guys have!

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ecureilx
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Re: RE: Is it realistic for me to find a single apartment with my budget?

Post by ecureilx » Fri, 12 Aug 2016 1:36 am

mechacarygrant wrote:I'm moving to Singapore really soon for work and will need to start looking for somewhere to live once I arrive. My salary won't exactly be so high, and the absolute maximum I'm willing to put down for rent is $1500 SGD a month. Work location is Hougang.

The thing is, I've lived with other people for so long now that I'm at the age where I really want to just have my own quiet, comfortable place to live. I really want to avoid roommates if possible. Is it realistic to find somewhere like this on my budget? My searches so far on realtor sites such as Nestia and . show me that I most likely won't find my own apartment unless it's a studio, and most of the pictures I see for those look rather depressing to say the least. The concept of kitchen seems to be lacking in most of them, and I surely don't want to live off of microwaved foods. The only other option I see is a dual-key apartment, which is something I've never seen before myself, so I don't know what to expect in terms of privacy there.!
If you want a whole apartment with cooking allowed ? Impossible. Nothing less than 2k will get anybody responding.

If you don't mind a room, common or master, you can do for around there or less, depending if it's HDB or condo.

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Wd40
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Re: RE: Re: RE: Is it realistic for me to find a single apartment with my budget?

Post by Wd40 » Sat, 13 Aug 2016 4:53 pm

ecureilx wrote:
mechacarygrant wrote:I'm moving to Singapore really soon for work and will need to start looking for somewhere to live once I arrive. My salary won't exactly be so high, and the absolute maximum I'm willing to put down for rent is $1500 SGD a month. Work location is Hougang.

The thing is, I've lived with other people for so long now that I'm at the age where I really want to just have my own quiet, comfortable place to live. I really want to avoid roommates if possible. Is it realistic to find somewhere like this on my budget? My searches so far on realtor sites such as Nestia and . show me that I most likely won't find my own apartment unless it's a studio, and most of the pictures I see for those look rather depressing to say the least. The concept of kitchen seems to be lacking in most of them, and I surely don't want to live off of microwaved foods. The only other option I see is a dual-key apartment, which is something I've never seen before myself, so I don't know what to expect in terms of privacy there.!
If you want a whole apartment with cooking allowed ? Impossible. Nothing less than 2k will get anybody responding.

If you don't mind a room, common or master, you can do for around there or less, depending if it's HDB or condo.
Times have changed. There are options for whole unit for 1500-1600 these days. Yishun comes first to my mind. Definitely possible to get a hdb 2 bedroom in Yishun now for $1500.

Also there are lots of 1 bedroom units in landed row houses you can get $1600. My friend was telling me about 1 such house he saw in Kembangan.

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ecureilx
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Re: RE: Re: RE: Re: RE: Is it realistic for me to find a single apartment with my budget?

Post by ecureilx » Sat, 13 Aug 2016 5:01 pm

Wd40 wrote: Times have changed. There are options for whole unit for 1500-1600 these days. Yishun comes first to my mind. Definitely possible to get a hdb 2 bedroom in Yishun now for $1500.

Also there are lots of 1 bedroom units in landed row houses you can get $1600. My friend was telling me about 1 such house he saw in Kembangan.

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Are you serious ? Approved units ?

PG and newspaper have no such listing I can find :(

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Re: Is it realistic for me to find a single apartment with my budget?

Post by Wd40 » Sat, 13 Aug 2016 5:14 pm

Yupp. As always don't go by face value of ads. Always scope to knock off $200 from the listed price, without much negotiation.

Here you go, official median rentals for 2 bedder hdb in Yishun is $1700 and woodlands is $1500.

http://www.hdb.gov.sg/cs/infoweb/reside ... statistics

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Re: Is it realistic for me to find a single apartment with my budget?

Post by Wd40 » Sat, 13 Aug 2016 5:27 pm

Since April even EPs are not being granted easily. GDP forecast has been dropped. Singsporean O&G sector probably expected oil price to recover quickly. That hasnt happened. Expect layoffs in O&G. Local banks with their property exposure and exposure to loans to O&G and property sector too are vulnerable. Singapore is facing the perfect storm. Amidst all this hdb rentals need to a lot lower than $2000. More like $1500. It just that the property agents and owners here are trying to delay the inevitable, by keeping properties vacant. They can't do that for too long, though.

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