are the rental prices on this web site updated?

[lsac0902]

Hello everybody!

Can anybody tell me whether the prices on this web-site are updated? I've read threads that talk about price increase since January. We are moving to Singapore next month and we have begun to have a look on the area where to live according to our budget: 3500 dollars for 2 or 3 bedrooms. It seems quite difficult to find a place not too far away from Raffles as my hubby is going to work there. He'd like to spend about 30 minutes trip maximum door to door. He has to walk about 10 mn from the MRT to his office. Can you suggest nice areas?

thank you

[humpbackwhale]

Hi the prices of property is rising everyday, so the answer is no. Landloard raising rent to marketl rate once the lease is up, so those available ones are very high (higher than last month, or the past siz months).

But rental will still be cheap compared to Hong Kong, so you will be ok.

[huggybear]

that is incorrect.
if you are looking at condos in districts 9,10,11, then those are rapidly rising. everywhere else seems to be stagnant...

and house prices are dynamic. you can make a lower offer if you want. east coast is still pretty cheap from what i hear (again compared to orchard area).

[humpbackwhale]

yes huggybear is right, east coast is still "cheap" but i notice every unit being renew is asking for higher price, so my advice is still better sign ASAP before you come, else it will go higher even in east coast area.

Also just for your info, they are going to demolish "alot" of perfectly good condos to built more expensive ones inthe next few months, so you can imagine how this sudden shortage and increase in demand for apartments will affect the rent.