On average, renting a studio apartment with a private condo in Singapore costs anywhere between $1,600 to $2,000 a month. So, even the most expensive rental price of $205 to $275 a month is subsidised by HDB to only a fraction of that amount. A studio apartment is typically for investors, rental tenants, or individuals looking for cosy space. Data shows that studio apartments and1.
These groups of people would are likely to turn to a studio apartment as it is often relatively cheaper to rent and offers the space and privacy they desire.Throughout the pandemic, locals were the ones who were primarily fuelling the rental market. But as Safety Management Measures ease and borders reopen, more expatriates and foreign students have begun returning to Singapore.across all apartment types.
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