Renting apartments in Singapore depends a lot on the area you choose to live in. A stay in the quiet beaches of the East Coast can be different than the bustling shopping streets of central Orchard. The apartments can also differ greatly in size and price. Here’s a simple breakdown of pricing and sizes* in the different areas of Singapore.
Avg.monthly Rent by Area
Central – Orchard, Bugis, CBDU+00A0
The Central area is home to the Central Business District, where most financial institutions and banks call their home. It is also where Orchard and Bugis are located, Singapore’s largest shopping districts.
| Average Monthly Rent (SGD) | Average Square Feet | |
| Studio | 4,310 | 480 |
| 1 Bedroom | 5,090 | 518 |
| 2 Bedroom | 5,780 | 654.4 |
East – Pasir Ris, Paya Lebar, Changi
The East is where Singapore’s only airport, and the best airport in the world, Changi is located at. Beach lovers will also enjoy the east as it is where Pasir Ris Park and East Coast Park, 2 of Singapore beaches are located.
| Average Monthly Rent (SGD) | Average Square Feet | |
| Studio | 3662.6 | 430.8 |
| 1 Bedroom | 4020 | 526.2 |
| 2 Bedroom | 4480 | 873 |
West – Jurong, Clementi, Bukit Timah
The West is a city on its own with about 5 huge shopping malls. JEM, Jurong Point, IMM, JCube and the Star Vista. If you enjoy mall shopping, the service apartments in this area are perfect for you.
| Average Monthly Rent (SGD) | Average Square Feet | |
| Studio | 3800 | 398 |
| 1 Bedroom | 4000 | 461.6 |
| 2 Bedroom | 5756 | 927.2 |
North – Bishan, Woodlands, Serangoon
The North is the gateway to Malaysia. Road trips and weekend getaways to Johor Bahru and Kuala Lumpur are easily done from the serviced apartments in this area.
| Average Monthly Rent (SGD) | Average Square Feet | |
| Studio | 2750 | 400 |
| 1 Bedroom | 4200 | 605 |
| 2 Bedroom | 5200 | 904 |
Beware of The Kind of property and Minimum contract period
Rental fee and amounts per square meter we mentioned above is calculated in case as of the room of condominium type. Although the terms of “condominium” is not quite familiar in Japan, it broadly means a expensive condominium mansion with facilities such as pool and gym, it is basically sold per room. Generally speaking, those who are not from Singapore tend to rent this apartment. However on top of that, a condominium type should be contracted at least two years.
If you are not sure that you will move out a room within two years in future, then I recommend to settle in a serviced apartment.
Serviced apartment services a managed room, with fully-furnished applicants and kitchen, of course it’s also including exchange linen and room cleaning services as well. Therefore this is very recommended for a family, the serviced apartments are available to reserve at least for one month, so you can stay there during looking for a condominium mansion.
Feel free to contact MetroResidences if you would like to ask about serviced apartments in Singapore. Well-designed, clean and fashionable apartments are especially suitable for businessman.
*We took the average price and size of 2 to 5 bedrooms in each area to give you an estimate of what you can expect.
