Singapore is a well-planned city and one of the best places to live in the world. They have the world’s best public houses with modern facilities designed for the comfort and wellbeing of the occupants. However, there are various types of houses in Singapore, and each has differing price tags. Here, we are going to highlight the different types of homes in Singapore and the average rental price for each of them.

Features and prices of homes in singapore

The prices of homes in Singapore usually depend on the current demand, locations and features. In this article, we are simply going to explain the different types of homes in Singapore, the best prices and additional features.

Condominiums

This is the most expensive type of housing in Singapore and it’s mostly occupied by elites. It has modern facilities for the comfort of the occupants. However, the sale prices of this property can vary depending on its location within the city.

Features: Some of the features available for occupants of this property are a tennis court, children’s playground, swimming pools, secured access and some other recreational facilities.

Price: The cost of renting a 3-bedroom condominium in the heart of the city is around S$7,500 – S$16,000 per month. 3-bedroom condominiums situated at the outskirt of the city costs around S$4,000 – S$8000 per month. The variation in the prices of condominiums in these areas is usually due to the facilities provided.

Private apartments

This type of apartment is mainly built and designed to secure the occupant’s privacy. In Singapore, most of the facilities found in condominiums are also present in private apartments. Most expats go for this type of apartment due to its comfortability and the low cost of rent.

Features: The features in this home include a large sized swimming pool, BBQ pits, good security and many other features that can be found in condos.

Price: Apartments of this type are very affordable for lower income earners. Renting a 3-bedroom private apartment in important areas within the city costs from S$4,000-S$6,500 per month while those in the outskirts can cost around S$3,000 per month.

Although the Treasure at tampines launch took place recently, it has cemented its position as Singapore’s largest condominium. Even so, the Treasure at Tampines price offered for its private apartments remain reasonably low and very affordable. If you want to get a gauge of how spacious the apartments are before purchasing, simply look up “Treasure at tampines psf” to get a better idea. While you’re at it, take a glimpse of the site plan to check out the phenomenal layout and facilities available.

HDB flats

In Singapore, these types of apartments are usually built by the government to help people with a low budget. Over 70% of the Singaporeans live in this type of building.  So, if you are on a tight budget, living in HDB flats is a very reasonable option.

Features: Some HDB units contain a few luxury amenities like swimming pools, gyms, restaurants, and shopping centers. They are usually also located in close proximity to banks, schools, clinics, and markets.

Price: HDB units within the city, especially the 3-bedroom apartments cost on average S$3,500 per month, while the cost of HDBs located in areas with low commercial hub ranges between S$2,000 to S$3,700 per month.

Unfortunately, trying to rent or purchase a HDB flat can be a tedious process. If you apply for BTO, there’s no guarantee that you’ll end up in a neighborhood you want. If you’re looking to live somewhere near your place of work and don’t mind forking out a little more, consider opting for Balance units instead.

Serviced apartments

Most people prefer serviced apartments due to the facilities they offer and the flexibility in rent payment plan. Some of the apartments are in the form of terraced houses, detached houses, and bungalows.

Features: Serviced apartments are usually well-furnished and cool, with a high level of comfort. It also may have facilities like swimming pools, gym centers, basketball court, cinemas and many more.

Price: The monthly rent cost is usually around S$6,500-S$15,000 depending on the location of the apartment. You can ask about the Treasure at Tampines price from specialized agents.