Real Estate in Singapore

By Betsy Burlingame

Last updated on Jun 05, 2023

Summary: The average cost of a nice 2 bedroom home in Singapore, Singapore is around $1.2 million USD, while a nice 3 bedroom home is around $1.8 million USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and a fully-equipped kitchen. Some may also include a balcony or terrace, a swimming pool, and a gym. Foreigners are allowed to purchase property in Singapore, but there are restrictions on the type of property they can buy. For example, foreigners are not allowed to purchase HDB flats, which are public housing units. When searching for a home to buy in Singapore, expats should consider their budget, desired location, and the type of property they are looking for. It is also important to research the local market and consult with a real estate agent to ensure they are getting the best deal. The most desirable neighborhoods in Singapore include Orchard Road, Sentosa, and the Central Business District. These areas offer a variety of amenities, including shopping, dining, and entertainment. They are also close to public transportation and have easy access to the rest of the city.

How do I find a place to live in Singapore?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"I selected my house on its proximity by the sea. I called a property agent; he turned out to be a great help in getting me the unit I'd set my eyes on," said one expat in Singapore.

"When looking for a place to live in Singapore, it is important to consider your budget, location, and lifestyle. Start by researching different neighborhoods and areas to find one that best suits your needs. You can also use online resources such as property portals and rental websites to search for available properties. Additionally, you can contact real estate agents to help you find a suitable place to live. Once you have narrowed down your search, you can visit the properties in person to get a better feel for the area and make sure it meets your needs," remarked one member in Singapore.

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