I hadn't read that particular thread but now I will.zzm9980 wrote: Note that the rental price above is 'pre-HDB anti-foreigner restrictions' that just recently went into effect. There is a post about it in the 'Latest News' forum. No one knows how it will affect the overall rental market, but I expect everything to go up by a fair chunk. Especially in the condo rental market at your budget.
FWIW, that piece of news has been the straw for me to start actively getting my exit plan together.
While talking with my agent I brought up the new ruling of 10% foreigners in HDB flats and she had absolutely no idea what I was talking about and she is a real estate agentzzm9980 wrote: How close is near? 1km or less? Expect to at least $3500/month rent for that on a 3 bedroom condo. That will be one of the farther-flung MRTs, and 1km in the middle of the day in Singapore will feel like 3km.
Note that the rental price above is 'pre-HDB anti-foreigner restrictions' that just recently went into effect. There is a post about it in the 'Latest News' forum. No one knows how it will affect the overall rental market, but I expect everything to go up by a fair chunk. Especially in the condo rental market at your budget.
I looked at Melville and others, and Melville was one of the pricier 'cheap' condos. I imagine that is due to its popularity amongst Indian EP holders with decent salary or dual income.Wd40 wrote: Also, I think 3.5k for 3 bedroom condo is really tight no matter which area you are looking at. My benchmark is usually Melville park and I consider it to be the cheapest condo or one of the cheaper ones. The last I heard one of my colleagues rented a 2 bedder there for 3.2k
If I remember correctly 10% is still on discussion. Not firm yet. I also can't find any information in HDB web.Wd40 wrote: While talking with my agent I brought up the new ruling of 10% foreigners in HDB flats and she had absolutely no idea what I was talking about and she is a real estate agent![]()
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