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Singapore Rental Blog


25 Feb 2017

Singapore Passes on Joining the US$190 Billion Short-term Vacation Rentals Market

Martin Phillips, the founder of RENTALS.SG is also the founder of RENTALSWORLDWIDE.COM, a vacation and long-term rental platform. The global vacation rental market is currently believed to be valued at US$100 Billion and is forecast to increase to US$ 170 Billion by 2019.

While RENTALS.SG is only focused on direct landlord to tenant long-term Singapore rentals, it is now clear that the short...

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09 Feb 2017

Short-term Rentals To Be Illegal in Singapore

Ammendments to the Planning Act will put an end to two rental related practices, makeing the use of private residential properties for rent under six months illegal and housing more than six tenants in each unit. However, the Singapore Government is looking at shortneing the six month requirement for private housing rentals.

Airbnb has, in recent years, led the way in short-term rentals arou...

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30 Jan 2017

Choosing a rental in Singapore? Never miss these tips

The cost of living in Singapore depends upon the facility factors such as the property’s nearness to the city, property age, availability of facilities such as pool, gym, etc and also the quality of furnishings that come with the accommodation. You should invest your time in deciding where you want to stay in Singapore and the rental cost you are paying. Singapore offers a wide range of availab...

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27 Jan 2017

HDB Flat for rent

HDB is Singapore's public's housing authority therefore it is under the strict direction of the Ministry of National Development. The Housing and Development Board is an extremely common characteristic of Singapore real estate listings in Singapore with more than 80% of Singaporeans residing in public housing.

Purchases of HDB flats are limited to Singaporeans and Permanent Residents. The ke...

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24 Jan 2017

Advantages of Serviced Apartments

The travel industry is undergoing great transformation. With the rise of serviced apartments and long term rentals,staying in a hotel is rapidly becoming a thing of the past. Renting a regular apartment can be a time-consuming and tedious experience, causing an unnecessary amount of stress. A serviced apartment, on the other hand, will allow you to find stability and security in your new enviro...

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11 Jan 2017

RENTS FOR CONDOMINIUMS AND APARTMENTS IN SINGAPORE CONTINUE TO SLIDE IN DECEMBER 2016

Flash estimates by SRX property show a shocking slide in Singapore rental rates. The company estimates that condominiums and private apartment rentals in Singapore continued to lose traction by an estimated 1.6% over the previous month. This brings a sharp decline of 6.2% for 2016 and a eye watering decline of 19.9% over the peak in January 2013. Rentals rates seemed to slide pretty much on par...

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07 Jan 2017

It’s a Tenant Market. Smart Landlords and Tenants Save Costs by Renting Direct.

With a record completion of over 21,000 new homes launched in 2016 and riding on the back of a sluggish economy, which in turn has led to repatriations, the downward pressure on rents continues with tenants being spoilt for choice.

With the number of vacant units, currently estimated to be 10% of the market, competition between Singapore landlords and tenants has intensified. A reduction in ...

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04 Jan 2017

Private travel accommodation bookings to reach US$106 Billion by 2018

While short-term rental accommodation such as apartments and condo's for rent in Singapore are not permitted the sector remains strong on a global basis.

According to a recent report by Susquehanna International Group (SIG), private accommodation will account for almost a fifth of global hospitality bookings within two years – and the online travel agency giants are tipped to benefit.

In ...

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29 Dec 2016

You. The Best Person to Rent Your Singapore Space

Here is a simple question; Who knows your property best? Your agent or you?

My guess is that you know your property a lot better than any agent. I know mine, much better. I know the history, the improvements, where we spent money, how old the washing machine is, the air-con service history and when the rooms were last painted. I can also bet that I know the local area much better; my neighbo...

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25 Dec 2016

RENTALS. SG Comments on "Australian Police issue Warning Over Airbnb Scams"

RENTALS.SG COMMENTS: The following article appeared in 9News Australia. Guests should always adhere to using drect online system payments and verification tools provided by the established rentals platforms. Systems in place are quite secure.

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Police are warning Australians about renting private holiday accommodation this summer as the number of people scammed has more th...

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