{"id":9169,"date":"2017-02-22T17:16:33","date_gmt":"2017-02-22T09:16:33","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=9169"},"modified":"2022-07-01T04:06:08","modified_gmt":"2022-06-30T20:06:08","slug":"shorter-rental-lease-expats","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/shorter-rental-lease-expats\/","title":{"rendered":"4 reasons why a shorter rental lease is better for expats in Singapore"},"content":{"rendered":"
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The first time you rent in Singapore, you will learn three things: everything is expensive, few neighbourhoods stay constant, and leases are basically prison terms that you also have to pay for. To save you the steep learning curve, we\u2019re going to do you a favour – we\u2019re going to tell you to go for a shorter rental lease, and here\u2019s why:<\/span><\/p>\n

    \n
  1. \n

    You may think you understand where you\u2019re renting, but you probably don\u2019t<\/b><\/h3>\n<\/li>\n<\/ol>\n

    This one is especially true for expatriates.<\/span><\/p>\n

    You may think renting in Singapore is straightforward. Most of our residential districts look the same, and seem to have the individuality of one chip in a tube of Pringles. But there are deep differences, and it takes time to get to know them.<\/span><\/p>\n

    Katong is lazy and laid back, Jurong lacks a sense of humour, and Yishun wants to straight up murder you. Besides the different vibe of each area, your taste in amenities will change. For example, we know you\u2019re a new expatriate when you do most of your shopping at Jason\u2019s, and think $9.90 is the correct price for a plate of Hokkien mee.<\/span><\/p>\n

    As you grow more localised, you start to move away from the gourmet delis and step into the coffee shops. You develop the native Singaporean disdain for places like Orchard Road, and move into our non-tourist nooks and crannies. <\/span><\/p>\n

    At that point, you may realise the \u201cconvenient and central\u201d location you found just leaves you stuck in a gigantic tourist trap.<\/span><\/p>\n

    For locals, you probably know the different neighbourhoods quite well. But even so, don\u2019t jump to conclusions: you might find out your neighbours are psychotic, for example, and think the common corridor is their private balcony. <\/span><\/p>\n

    For this reason, first-time renters in Singapore should try to have a shorter rental lease. That leaves you free to move to somewhere more appropriate, once you\u2019ve adjusted.<\/span><\/p>\n

    (To start off, here is our three part guide to renting in Singapore according to the different districts – <\/span>Part 1<\/span><\/a>, <\/span>Part 2<\/span><\/a> and <\/span>Part 3<\/span><\/a>)<\/span><\/p>\n

      \n
    1. \n

      You will have fewer problems with a job that\u2019s outside the area with a shorter rental lease<\/b><\/h3>\n<\/li>\n<\/ol>\n

      If you sign a two or three-year lease, you\u2019d better hope your job stays in the area (or if you haven\u2019t found a job yet, then you\u2019d better find one that\u2019s close by). Singapore is a tiny country, but it\u2019s still a fairly big island. If you need to go from Bedok to Jurong, expect to waste at least an hour on the commute.<\/span><\/p>\n

      Now if you\u2019ve just signed a shorter rental lease, this is less of a problem. It\u2019s troublesome for maybe a year, but after that you can always find a new place. If you went ahead and signed a two or three year lease though, then you\u2019re stuck with the inconvenience.<\/span><\/p>\n

        \n
      1. \n

        When the rental market is bad, you can re-negotiate for a lower price sooner<\/b><\/h3>\n<\/li>\n<\/ol>\n

        Landlords scramble to secure longer leases, when they see the rental market dipping. As a tenant, you should do the opposite. <\/span><\/p>\n

        At present, rental rates in Singapore have been on a decline. This is likely to continue, given that housing allowances and pay packages are shrinking across the board. Now if you have a shorter rental lease, there is a good chance that at the end of the year you can find a cheaper place (that\u2019s just as good), or re-negotiate for a lower lease. <\/span><\/p>\n

        If you get a two to three-year lease, you\u2019ll be paying that same price even as rental rates plummet around you.<\/span><\/p>\n

          \n
        1. \n

          Singapore\u2019s landscape changes fast<\/b><\/h3>\n<\/li>\n<\/ol>\n

          Singapore is a small country, which means there\u2019s a lot of constant re-development. It\u2019s also a country of high rental rates, so a caf\u00e9 that stays open for five years is practically like the Pyramids of Egypt to us. <\/span><\/p>\n

          While your rented unit may have a lot of amenities you like now, it really <\/span>can <\/span><\/i>undergo a dramatic change in a year. Suddenly, a new MRT stations is in the works, and now your morning walk has the air quality of a tear-gassed demonstration. The mall that\u2019s \u201cright next door\u201d undergoes a one year renovation, so your retail options now involve walking six blocks to buy toothpaste. <\/span><\/p>\n

          If you\u2019re from a more spacious country, where it\u2019s not necessary to demolish and rebuild every 10 minutes, you <\/span>will <\/span><\/i>be shocked at how quickly an area can change. With a shorter rental lease, you\u2019re better able to adapt.<\/span><\/p>\n

          Check out other rental related articles here: Top tips for establishing a harmonious relationship with your housemates<\/a> and\u00a0Here\u2019s why renting in Singapore isn\u2019t as expensive as you think<\/a><\/p>\n

          Find the rental home of your dreams today at Singapore\u2019s largest property portal 99.co<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

          To save you the steep learning curve behind renting in Singapore we\u2019re doing you a favour by telling you to go for a shorter rental lease.<\/p>\n","protected":false},"author":21,"featured_media":54647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53589,57131,53590],"tags":[53612,54121,54122,54123,54124],"persona":[],"class_list":{"2":"type-post","15":"entry","16":"has-post-thumbnail"},"acf":[],"yoast_head":"\n4 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