{"id":49128,"date":"2022-03-04T19:04:43","date_gmt":"2022-03-04T11:04:43","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=49128"},"modified":"2022-06-13T17:58:31","modified_gmt":"2022-06-13T09:58:31","slug":"5-affordable-ccr-condos-rent","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/5-affordable-ccr-condos-rent\/","title":{"rendered":"5 affordable CCR condos for rent"},"content":{"rendered":"
<\/div>

Renting in Singapore is fast becoming the norm as more turn to leasing amidst the pandemic-induced construction delays. More young professionals are also looking to move out of their family homes for more space and privacy as they spend more days working from home.<\/p>\n

Singapore has 28 districts and is separated into three main regions: Core Central Region (CCR), Rest of Central Region (RCR) and Outside Central Region (OCR).<\/p>\n

\u2022 CCR:<\/strong> 9, 10 and 11, and parts of 1, 2, 4, 6 and 7
\n\u2022 RCR:<\/strong> 3, 8 and 12, and parts of 1, 2, 4, 6, 7, 13, 14, 15 and 20
\n\u2022 OCR:<\/strong> 16 to 19, 21 to 28, and parts of 5, 14, 15 and 20<\/p>\n

In the past five years, rental prices for private condos have shot up at least 16%, with the CCR units leading the way at 25.33%.<\/p>\n

\"condo<\/a><\/p>\n

If we zoom in on the 2 and 3 bedders, the rental appreciation isn\u2019t as steep, but it is still considerably more expensive than five years ago.<\/p>\n

\"condo<\/a><\/p>\n

At the time of writing, here are the numbers for 2-bedder and 3-bedder condo rental prices.<\/p>\n\n\n\n\n\n\n
Location<\/b><\/td>\nAverage price (S$) psf<\/b><\/td>\nAverage rent of 2-bedder<\/b><\/td>\nAverage rent of 3-bedder<\/b><\/td>\nTotal volume<\/b><\/td>\n<\/tr>\n
CCR<\/td>\n4.05<\/td>\nS$4,280<\/td>\nS$5,971<\/td>\n15,172<\/td>\n<\/tr>\n
RCR<\/td>\n3.44<\/td>\nS$3,161<\/td>\nS$4,175<\/td>\n17,698<\/td>\n<\/tr>\n
OCR<\/td>\n2.86<\/td>\nS$2,570<\/td>\nS$3,188<\/td>\n22,293<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

As expected, the further away you get from the city centre, the more options become available at affordable prices.<\/p>\n

But fret not. We\u2019ve done a deep dive into five CCR condos you can rent without breaking the bank.<\/p>\n

1. Orchard Towers<\/a><\/h2>\n

\u2022 District 9 (Orchard\/River Valley)
\n\u2022 S$1,800\/month
\n<\/span>\u2022 300 sq ft
\n<\/span>\u2022 Fully furnished
\n\u2022 Entire apartment<\/span><\/p>\n

\"Orchard<\/a>
The unit may be small but it’s pretty cosy<\/figcaption><\/figure>\n

Located in the prime shopping belt of District 9, this unit is reminiscent of a hotel room concept where you have a fully furnished room with an attached bathroom all to yourself.<\/p>\n

You need to share the pantry, microwave, fridge, washer and dryer with other housemates, so you might want to get a personal mini-fridge for your snacks and drinks. Or, you could just hit up the many Jasons and Cold Storage supermarkets located within a 1km radius. The nearest Cold Storage is just a 2-minute walk away, at Claymore Connect @ Orchard Hotel.<\/p>\n

Accessibility wise, it’s an incredibly convenient 5-minute jaunt to Orchard MRT station and just four stops to Raffles Place MRT station.<\/p>\n

2. Espada<\/a><\/h2>\n

\u2022 District 9 (Orchard\/River Valley)
\n\u2022 S$2,800\/month
\n<\/span>\u2022 355 sq ft
\n<\/span>\u2022 Fully furnished
\n\u2022 Entire apartment<\/span><\/p>\n

\"the<\/a><\/p>\n

 <\/p>\n

Snap up this gem in the heart of bustling Orchard Road. Located on a high floor, you can enjoy an unblocked scenic view of 313@somerset and Orchard Central Mall while unwinding after a long day out. It even has a balcony, which is a rare find in studio apartments.<\/p>\n

There’s a 24hr NTUC FairPrice just around the corner and a Cold Storage 5-minutes away at TripleOne Somerset. The best part? Being able to catch a late night movie at Cineleisure Orchard and taking a leisurely 10-minute stroll home after.<\/p>\n

Should you need to travel out<\/em> of the city, the nearest train station is Somerset MRT, a 6-minute walk away.<\/p>\n

3. Parc Emily<\/a><\/h2>\n

\u2022 District 9 (Orchard\/River Valley)
\n\u2022 S$3,500\/month
\n<\/span>\u2022 904 sq ft
\n<\/span>\u2022 Fully furnished
\n\u2022 Entire apartment<\/span><\/p>\n

\"Parc<\/a><\/p>\n

At almost three times the size of the units listed above, this rental condo in Parc Emily is great for those who are looking for more living space. You get a fully functional kitchen to yourself to cook up a storm without worrying about having to share it with other tenants.<\/p>\n

Condo amenities include a tennis court, hydrotherapy pool, games room and even a jacuzzi so you’ll never have to leave the condo to kick back and relax.<\/p>\n

Plaza Singapura is within walkable distance (8-minutes), where you can access many retail, dining and entertainment options. There’s a Cold Storage for your daily amenities, and a Golden Village cinema on the top floor.<\/p>\n

Little India MRT station is a short 4-minute walk away, which connects you to both the Downtown Line and North-East Line.<\/p>\n

4. Mill Point<\/a><\/h2>\n

\u2022 District 10 (Tanglin\/Holland)
\n\u2022 S$3,000\/month
\n<\/span>\u2022 538 sq ft
\n<\/span>\u2022 Fully furnished
\n\u2022 Entire apartment<\/span><\/p>\n

 <\/p>\n

\"Mill<\/a><\/p>\n

Love full-length windows and natural light? This condo at Mill Point is perfect for you. There’s even a bathtub for you to test out various bath bombs from the comfort of your own home.<\/p>\n

Great World City is an upmarket shopping mall with great shopping options that’s a 5-minute walk away, with amenities such as Cold Storage Fresh, Japanese supermarket Meidi-Ya, Q&M Dental Centre, as well as a yoga studio.<\/p>\n

If you’re a foodie, Zion Riverside Food Centre is right next to Mill Point where you can eat affordable delectable local fare till your stomach is fit to burst.<\/p>\n

Conveniently located beside Tiong Bahru MRT station (9-minutes away) is Tiong Bahru Plaza, where you can find a wide range of restaurants and fast food options as well as Kopitiam and Golden Village on the top floor. Get your amenities and groceries from FairPrice Finest supermarket on the basement level.<\/p>\n

5. Soleil @ Sinaran<\/a><\/h2>\n

\u2022 District 11 (Newton\/Novena)
\n\u2022 S$2,900\/month
\n<\/span>\u2022 495 sq ft
\n<\/span>\u2022 Fully furnished
\n\u2022 Entire apartment<\/span><\/p>\n

\"Soleil<\/a><\/p>\n

Live out your studio apartment dreams with this gorgeous unit situated in the heart of Novena. The apartment comes fully furnished, so all you need to bring is your luggage. There’s plenty of natural light streaming in from the bay windows which makes the unit feel more spacious.<\/p>\n

Velocity@Novena Square and Square 2 are 2 to 5 minutes away, where you can hit up Cold Storage and NTUC for groceries. Catch up with friends over food and drinks at the many restaurants, cafes and bars on top of Novena MRT station, which is right beside the two malls.<\/p>\n

\n
\n

Looking for a CCR condo to rent? Let us know in the comments section below or on our Facebook post.<\/h2>\n

If you found this article helpful, check out 5 studio apartments under S$2000<\/a> and Renting in 2022? Here\u2019s how to save on rental rates<\/a>.<\/p>\n

Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing\u00a0property portal<\/a>\u00a099.co<\/a>! If you would like to estimate the potential value of your property, check out\u00a099.co\u2019s Property Value Tool<\/a>\u00a0for free. Also, don\u2019t forget to join our Facebook\u00a0community page<\/a>! Meanwhile, if you have an interesting property-related story to share with us, drop us a message\u00a0here<\/a>\u00a0\u2014 and we\u2019ll review it and get back to you.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Renting in Singapore is fast becoming the norm as more turn to leasing amidst the pandemic-induced construction delays. More young professionals are also looking to move out of their family homes for more space and privacy as they spend more days working from home. 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