Help in locating a flat/condo

Discuss about where to live, renting a property, tenancy issues, property trend and property investment in Singapore.
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Pal
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Post by Pal » Mon, 26 Feb 2007 9:05 pm

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lowest
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rental

Post by lowest » Tue, 27 Feb 2007 6:57 pm

hi, I am local and my hubby is PR here.
Hope this information is helpful.

In year 2001, we paid $1200 for a walk-up 2+1 apartment at Holland Road(5mins walk to Holland village). It was a decent and cozy place, slightly old but well-maintanced. It's now under en-bloc re-constructing.

Presently, we're paying $1500 for 3+1 at Shelford Regency, market value for this unit is about $830,000. Whereas my neighbour's rental is at $2500.

Rental market is still pretty reasonable but I guess to have a good property agent is important too.

Leone and John
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Post by Leone and John » Wed, 28 Feb 2007 4:01 pm

After our "look + see" trip to Singapore in September, we decided to keep watch via the internet on condo's and housing. What we were shown in September was dismal and really made us feel we did not want to give up our home to come and live here!

But we kept looking and noticed the prices going up. On our arrival early February we spent the first day on the MRT with a street directory, going around looking at "area's", getting off when we found one we liked. Had a look around, got back on the train and off we went again.

We liked Bukit Batok, the community feeling was there and best of all the shopping and other stores were close by to the MRT. We liked the fact also that my husband worked at Juron East, so that is only one train stop for him. If I need to go into the city area or meet friends elsewhere, then I need only get on the train or catch a cab.

The condo we chose was The Jade, and for three bedrooms, store room, large balcony, two bathrooms, and smaller shower/toilet room off the laundry, we pay $3500 per month. This maybe more than some others pay at the same condo, but we are happy with it and the close proximity to other services was very important.

hope that helps!
Leone + John Fabre
[ Singapore ]

jumping_gene
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Re: rental

Post by jumping_gene » Wed, 28 Feb 2007 4:52 pm

lowest wrote: Presently, we're paying $1500 for 3+1 at Shelford Regency, market value for this unit is about $830,000. Whereas my neighbour's rental is at $2500.
that's surprising. i mean, i expect there'd be discrepancies, but that big?! or hhave you had that flat for a long while now?

lowest
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Post by lowest » Thu, 15 Mar 2007 6:03 am

"Presently, we're paying $1500 for 3+1 at Shelford Regency, market value for this unit is about $830,000. Whereas my neighbour's rental is at $2500. "

that's surprising. i mean, i expect there'd be discrepancies, but that big?! or hhave you had that flat for a long while now?
hi jumping_gene, we are here just over 2 years. The rental market has gone up but shares market is going down. Landlord may increase our lease which ends in a few months time but he hinted it'll be below 2k. Some rentals are paid by companies but we don't. Therefore, we did more viewings..

*tips for lower rental such as:- (walk-up apt on higher flr, lower expectation on interior decorations, a longer lease contract, ensure to take good care of the unit...). We're still enjoying a good neighbourhood and the same facilities. Happy searching!

Jeppo
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Post by Jeppo » Thu, 15 Mar 2007 11:30 am

I'm in a 2 bed corner unit hdb in clementi paying $1,000/month, although I believe current price would be about $1,200. The location is great, close to mrt and bus terminal with plenty of food places around. We hardly ever eat at home, and with meals for less than $10 for the 2 of us, why should we? It's very popular with students though and units go quick.

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