Guide to renting a flat in Geylang Singapore 2024

Room in a shareflat is the cheapest option but also a fun start to meet people. It works best for making friends quickly. In Singapore’s room rental ads, you’ll see master rooms and common rooms listed. Master rooms are larger and have a private bathroom. Common rooms are smaller and share a bathroom. They are more affordable.

In Singapore, a room for rent can be between 10 to 30 m² on average. Prices vary from $500 to $2,000 every month. If you want more space or privacy, consider a studio or one-bedroom apartment. But remember, these cost more. Many young people, students, and couples like to rent rooms. It’s a great way to save money and feel part of a community.

As for the types of rooms to rent, consider HDB flats and condos. HDB flats are managed by the government and are usually cheaper. Condos have extras like pools and gyms, but are pricier.

Understanding Rental Types in Geylang

The “master room” is the biggest bedroom in a home or apartment. It has its own bathroom. Other bedrooms are known as “common rooms”. They are smaller and cheaper. Usually, these rooms don’t have a bathroom inside, unless it’s stated.

Room sizes in Singapore vary from 10 to 30 square meters. Costs range from $500 to $2,000 per month. If you want more space and privacy, consider a studio or a one-bedroom apartment. But, these options will be more expensive.

Factors Influencing Rental Costs

The location of a rental greatly affects its cost. Properties near city centers or MRT stations are pricier. The age of the property matters too: older homes are often cheaper but might be more spacious. Condos or apartments with added value like pools and gyms will come at a higher rent.

Fully-furnished homes are very convenient but can be more expensive. Semi-furnished ones provide the basics, but you’ll need to add your furniture.

Budget Rental Options in Geylang

Even at the lowest price point, clean, livable rooms are available in Geylang’s safe areas. You can rent a common room in HDB flats for $350 to $650 monthly in areas like Tampines, Paya Lebar, and Geylang. For a bit more, condos in locations such as Upper Thomson and Tanjong Pagar offer rentals from $990 to $1,200 a month.

If you have a budget of $1,500 or more, stylish studio suites are an option. These are found in heritage shophouses through Figment. They come with en-suite bathrooms and kitchenettes.

Geylang Rental

Geylang is well-known in Singapore as a top spot for rentals. It offers a variety, from affordable HDB flats to condominiums. For instance, HDB flats here can go for $650 to $900. This is ideal for those wanting a deal with easy access to MRT stations.

On the other hand, you might find a condominium master room in Geylang going for $1,400 or even higher. These come with extra features like pools and gyms. Due to its central location and mix of rental types, Geylang draws in many people looking to rent.

Finding Rooms for Rent in Geylang

Looking for rooms in Geylang, Singapore? You can explore many popular online platforms. These include PropertyGuru, RentInSingapore.com.sg, Gumtree.sg, Ibilik.sg, and Roomgo. They all offer a wide selection of places you can filter by type, price, and location.

Facebook groups like FindYourRoomInSG and Rooms For Rent (Singapore) are also great. They let you find rooms straight from landlords or people already living there.

If you want a simpler way, using a real estate agent can help. But remember, you’ll need to pay them a commission fee. This fee is usually up to one month’s rent.

Preparing Your Rental Budget

When you look for a flat in Geylang, think about your budget carefully. Your rent should be no more than 30-40% of what you earn each month. This way, you have money left for other needs and saving.

Remember, you’ll also pay for utilities, the internet, furniture, and AC. These costs can add up fast. Make sure to include them in your budget plan.

When moving in, be ready for some upfront costs. You’ll need to pay a deposit (about one month’s rent), the first month’s rent, and sometimes agent fees. These fees can be up to 1% of the yearly rent.

To fit your budget, check out different flat rental rates in Geylang. Looking at many listings can help you find the best place that fits your budget and needs.

Rental Process and Documentation

In Singapore, the rental process includes key documents tenants need to know. First is the Letter of Intent (LOI). This letter tells the landlord the tenant wants to rent the property and the agreed terms. It also needs a deposit, usually one month’s rent.

The next document is the Tenancy Agreement (TA). It’s the official contract between tenant and landlord. The TA includes personal info, rent terms, and a security deposit, usually one to two months’ rent. Making sure the TA matches the LOI is very important for the rental to go smoothly.

It’s important for tenants in Singapore to understand and correctly fill out these documents. They should read through all details carefully. It’s essential to be sure about all terms before signing anything.

Living with Landlords or Roommates

Living with your landlord has its ups and downs. It gives you a sense of community but limits your freedom. This can be good for those who enjoy close contact and support.

However, sharing with roommates requires agreeing on some key rules. These include how you’ll handle guests, noise, cleaning. It’s crucial to talk openly and respect each other’s space. Also, keeping the place tidy is important for everyone’s happiness.

Parenthood Provisional Housing Scheme (PPHS)

The Parenthood Provisional Housing Scheme (PPHS) helps couples and families in Singapore. It lets them rent HDB flats at a lower cost while waiting for their own new flats. This is a way to live somewhere affordable temporarily.

To join the PPHS, you must be a Singapore citizen and have booked an HDB flat that’s still being built. Your household income should be $7,000 or less per month. Also, you can’t own another HDB flat. Families that fit these rules can rent a PPHS flat for a low price, depending on its size.

The HDB wants to offer more flats under the PPHS by 2024. They plan to double the current number to 4,000 units. This is because more people are looking for affordable places to stay until their new HDB flats are ready.

Affordable HDB Estates for Renting

Affordable HDB flats are available in places like Yishun, Sengkang, Tampines, Woodlands, and Toa Payoh. Here, you can rent a 3-room flat for between $2,500 to $3,600 monthly. These areas are great because they have MRT stations nearby and many amenities. This includes shopping malls, hawker centers, and hospitals.

Compared to central areas, renting in these neighborhoods is cheaper. They are perfect for those watching their budget. Not only that, but these HDB estates also offer easy access to public transport and key services. This makes them a smart choice for anyone looking to rent in Singapore.

Co-Living Spaces: An Alternative Option

Co-living spaces are a new way of living, especially for young adults in Singapore. They’re not like your usual rooms for rent. They offer well-designed living spaces that look great on social media. Plus, you get to meet and live with new friends.

These places are all about community. They have shared areas like lounges and kitchens, perfect for mingling. There are also regular events to help everyone get to know each other. If you’re looking for more than just a place to sleep, these might be right for you.

Yes, living in a co-living space might cost more than a simple room. But the extra perks and strong sense of community could be worth it. They’re a perfect fit for those wanting a modern home and a ready-made social life. In a city like Singapore, they offer something unique compared to standard rentals.