Singapore is an island which offers a diversity of content for people who plant to move or go on a vacation here. Considering it has a fast-growing country, the real estate market has become one of the most lucrative business here. The architecture and the stylish design of buildings have attracted a lot of attention in the recent years. This is one of the reason, why foreigners enjoy staying here. If you plan to rent a property here, then we have a couple of advice for you.
Think about your budget
When allocating here, you need to think about your finances, because real estates can be costly here. Besides the budget, you have to reconsider a location because it will significantly increase the price of the rent. If you are stating alone here, then you don’t need big space, on the other hand, if you are bringing your family in Singapore, then you need to accommodate everyone. For example, if your budget is $5.000 a month, you can rent about 1,200 sq ft. But, if your budget is $15,000, then you have an opportunity to rent luxurious apartments and houses.
Location is probably the most important thing when you are selecting your future home. It can determine the convenience of your family and yourself. Take into consideration your job, where your spouse works and where your kids go to school. If you choose a distant location, it can cost you more money, then to rent an apartment in a trendier neighborhood. Keep in mind the facilities nearby; you should have grocery stores and shops nearby because you don’t want to go long distances just to buy bread.
Hire a real estate agency
Considering that you are a foreigner, it would be difficult and risky to manage this situation on your own. In this case, it would be the best to hire the services of real estate agency. In this case, you just need to tell them your budget and the approximate location, and they will provide you the listing of properties. You should keep in mind when hiring real estate agent to review his services and to see whether he is right for you. Many agencies just want to scam their clients and you will provide them a perfect opportunity because you are foreigners.