Should I buy or rent a home in Singapore?
If you have not spent a lot of time in Singapore, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Singapore can be a great investment, as property prices have been steadily increasing over the years. However, it is important to consider your financial situation and lifestyle before making a decision. Renting a home in Singapore can be a more affordable option, as it allows you to save money for other investments or expenses. It also gives you the flexibility to move to a different location if needed. Ultimately, the decision to buy or rent a home in Singapore should be based on your individual needs and preferences," said a member in Singapore.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
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- What is a typical expat home or apartment like in Singapore?
- What is the average cost of housing in Singapore?
- Should I buy or rent a home in Singapore?
- What should I pack when moving to Singapore?
- What cultural faux pas should I try to avoid making in Singapore?
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- What are healthcare services like in Singapore?
- What are medical services in Singapore like?
- What are typical rents in Singapore?
- What appliances are typically included in a rental?
Should I buy or rent a home in Singapore?
If you live in Singapore, newcomers to Singapore would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.