A service apartment for rent in Singapore can be a little expensive. But you don’t have to live a very frugal life to have a comfortable and quaint apartment. There are clever ways and hacks to reduce your monthly apartment rental.
Here are some ways how you can cut down on your short term serviced apartment rental in Singapore:
1. SHY AWAY FROM THE CITIES
Location is a factor in the price of apartments in Singapore. Those near the CBD and tourist spots have extremely high prices because of the convenience of the location. They are closer to services, such as malls, restaurants, offices, hospitals and primary transport points.
Meanwhile, those in residential areas far from the noise of the city are cheaper. If you want to save money on your 2 bedroom serviced apartment in Singapore, it is time to shy away from the metropolis.
2. FIND A PRIVATE APARTMENT RENTAL
Rental apartments from a friend or relative may land you cheaper rent. It is easier to negotiate the cost of the apartment for rent in Singapore monthly if you have a relationship with the landlord. But remember, it is not a free pass to demand a discount aggressively as if you are entitled to it.
3. SIGN A ONE-YEAR LEASE
Typically, landowners grant tenants discounts when they sign a one-year lease and are a few months ahead of the payment. It is because it guarantees a stable tenant-landlord relationship within a year.
But this is only for people who have cash in hand or afford to pay the upfront cost. If not, you can still opt for the six-month contract minus the potential discount and free services from the landlord.
4. GET A ROOMMATE
Splitting the rent with a roommate can cut down your service apartment for rent in Singapore. For example, if the rent for a two-bedroom apartment costs SGD10,000, it will be SGD5,000 if you have one roommate to share it with.
However, be prepared to share the kitchen, living room, and bathroom, as well as the fridge and other facilities with your co-habitant.
5. GET RID OF THE PARKING SPACE
In addition to the rental cost in many apartments is the rental space. If you don’t have a vehicle, you have no use for the parking space. You can ditch it and save some money. Some people keep their bicycles in the apartment to save parking space as well.
These are some clever ways to reduce your monthly rental costs. Are you ready to live in your new apartment?
Expat Corporate Apartments Singapore provides short term serviced apartment rental services in Singapore. Visit Expat Corporate Apartments Singapore today.