Hi all,
I understand from this forum that the market rate for whole unit rentals can be checked on the URA website (median price psf etc). However, I cannot seem to find a similar page for condo room rentals. I understand that real estate sites like . and 99.co are known to inflate the prices of their listings, so I can't use those as a benchmark. Is there a way to check the average cost of a room rental in a specific area?
Thank you!
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Market Rate for Room Rental
Singapore Property Search
Re: Market Rate for Room Rental
Only unit rentals transacted are on ura website.
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)
Re: Market Rate for Room Rental
You can use the whole unit rental rate and use a ratio to estimate the room rate. You can use a 40:30:30 ratio for a 3-bedder and a 60:40 ratio for a 2-bedder. The bigger number corresponds to the master bedroom.
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