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Singapore Rental Accommodation
The number of foreign investors who are relocating in Singapore has drastically increased substantially in the past few years and this has led to tightened availability of Singapore rental accommodation. The land that has been limited has led many older buildings to be razed to make way for new condominium. Houses are so appealing to property investors for various reasons. Housing provides the simplest and easiest way to be able to be involved into real estate investing. Also houses can be sold to other home owners and investors.
Singapore has different types of housing that suits your budget. Finding the best property and the right property to be able to rent in Singapore and the one which will be adored by you and your family members really needs proper planning and patience.
Besides houses having some advantage it also has some disadvantages. It is very hard to find houses that can really give the property investor cash flow after all the expenditures that are usually considered. Also the person who had rented your house or property if you happen to lose him you will lose 100% of your income until once again the property will be rented again. Another down fall of these houses is that if you have multiple homes collecting and maintaining the houses can be tiresome especially if you do not have a real estate agent or a manager.
Some of the properties that you can be able to accommodate in Singapore include:
Condominiums
These are private properties mostly in Singapore and they are common in Singapore. The condominiums have different type of facilities such as tennis court, gym, sauna, swimming pool and a security guard who look after the property 24hrs. Depending with your budget you can rent a condominium in the central business District (CBD) or in the heartlands of the city of Singapore.
Private apartments
This type of Singapore rental accommodation is very similar to a condo but it lacks facilities that condominiums have. The private apartments some of them are old because the new private construction is normally done in the style of a condominiums.
Standalone Houses
These types of houses usually come in the form of townhouses, terrace houses and detached bungalows. The standalone houses lack facilities that can be found in a condominium.
Public Houses
Eighty percent of Singaporeans live in these houses and are known as HDB flats. When you rent this type of house in Singapore it does not mean that you are very poor or living in a very low standard. The public houses in Singapore are more comfortable and equipped with a lot of facilities that other public houses in other countries do not have. The estates of public houses have been maintained so well and planned so well and have amenities within the estate such as schools, banks, local shops bus stations, salons and many more.
Singapore rental accommodation is affordable depending on your budget. Singapore is a county that is so secure and the transportation and communication system can be described as excellent.
Billy Chen
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
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