ar1923 wrote:Rent (domestic and commercial) has skyrocketed the last 12 months. My 2 small bedroom paya lebar
condo rented at S$1,350 June 2005, has been leased out at S$3,100 last night a week after I informed landlord I will not be renewing.
Not all expats have GENEROUS housing allowances. I am not sure how sustainable is the current rental market, how many people can afford such high rentals.
I am panicking as days go by, need to find a roof over my head by May 08 Month end ....
Yesterdays paper indicates a very serious change in rentals....expats have been avoiding high rental
condos for HDB, the change is significant, that it is really hurting the rental market now...So i guess rental prices may drop quite alot...although I would personally avoid the condos, who want's the hassle of having to move all the time, due to greedy landlords. They have cut their own throats......although it doesn't appear they have found out why....all they know, is the influx of expats from the US is up around 10.000 with US business at 3000 and the UK is around 20,000 population...they haven't figured, that expats are not prepared to play their stupid rental speculation games.

It could only happen here, that they scratch their heads, and not figure out what's wrong! A good education is pretty useless, without commonsense, that there are limits, that foreign companies will pay towards rentals.
You can find HDB rental for the price you are looking at...with facilities like swimming pools and gyms quite local.....most places outside of the City. especially towards Paya Leba , Serangoon, Hougang 20 to 25 minutes from City..on MRT..public transport is not a problem here, it is very good.