Most experts consider Singapore as the most expensive country when it comes to owning a house or apartment.
The expensive cost of owning the houses has made most people prefer renting a room in the various apartments. However, when you’re looking for a room rental in Singapore, you need to consider various things to get the best rental room that suits your needs and budget.
We’ve put down some factors you need to consider when looking for a rental room in Singapore.
1. Your budget
When renting a room, you need to consider your budget for the amount of money you wish to spend. You need to consider the amount you can spend without affecting your daily or weekly usage. If you don’t have a family, you can use less cash for a room rental in Singapore. The reason being that you’ll only need the place you are staying. However, you need more money when having a family as you’ll have to rent an entire home. Thus, you need to balance the cash you wish to spend on the rents and your monthly or weekly income.
2. The location you prefer to stay
The location of the rental house will matter most. You can get cheap rental options in various areas. However, when choosing the rental room’s best location, you can opt for places near schools, churches, and other social amenities. However, the places may be expensive, but they will be more convenient. In addition, when looking for the best location for renting your room, you can also consider the other essential things like water and electricity.
3. The rental lease terms
Before renting a property, you need to determine the period you want to rent the room. It’ll be good because the leasing contract may be a 12-month contract, yet you can rent the house for six months. You can request and check the leasing terms of room rental in Singapore through various agencies and landlords. You need to choose the leasing terms that suit your needs. Additionally, it’ll be good to check if the property is available. It becomes senseless to pay for a rental room only to be told you can be allowed to move in after certain months or weeks.
4. Check for the furnishing of the room
Is the room fully furnished, or is it half or not furnished? It’s important to get the answers to these questions before considering renting the room. The reason is that a room that’s not furnished will need extra cost for the furniture and other necessities. Thus, it’ll add more charges to the rent you want to pay for the room. However, this room will come at a lower price, but you’ll need to consider the cost of furnishing it.
5. Social necessities near your rental room
Finding out if churches, restaurants, supermarkets, and other social amenities are near the room you want to rent in Singapore is essential. Preferably it would be better if you considered the distance you may need to access the services and goods from your room. Room rental in Singapore near the market and other social amenities will reduce the rental cost. The reason being you’ll cut down on the cost of calling for deliveries or traveling long distances for the goods and services.
Renting a room in Singapore can be challenging, as most of the room rental in Singapore might be very expensive with unfavorable conditions. However, it’ll be good to consider the factors above when choosing the best rental room to match your needs and budget.