Accommodation for single in singapore ?

Question

As a single, I'm not eligible to buy a HDB flat. Private properties such as condo are beyond my affordability. Is there other options for me to own my own home, without having to rent a place? Thanks.

[Note: I can afford to pay about s$1000 per month to finance a home for myself]

Answer 1

Hi,

I think there is no other ways. Property is very expensive in Singapore, even local Singaporean will think thrice when buying or can't afford at all.

My suggestion for you is : you can probably settle yourself down with a rented 3 room unit  for now (may cost around S$1.2K per month, depending on location). If you have long term plans here, perhaps you should think of accumulating your wealth with a proper job first. Things will be smoother after you obtain your PR or citizenship.

Answer 2

Find an agent, say them your budget.. because property prices is booming here and expensive in the world down here. If your a single, just go rent a HDB common room, without toilet. You will be working anyway, just come back home to take a good sleep. Aircon, Internet, Washing Machine, Cooking facilities you may share with the owner or a tenant who sublets you with the owner's permission. The agent will explain you. Propnex is a nice firm. Make sure you get the copy of tenancy agreement.