Singapore is an island country that’s regarded as one of the best places to live in the world. It is the hub of commerce, economics, finance, and technology in Asia, and offers a very high quality of living. According to the Human Development Index, Singapore ranks very high on certain important metrics, like housing, quality of life, personal safety, and life expectancy. Understandably, property values in Singapore are quite high. The cultural diversity in Singapore has made it one of the best places to do business. It is also a very popular destination for expats from around the globe who want a decent place to settle.
However, it will take a long while to adjust to the lifestyle of the people in Singapore. Here are a few tips that can help you overcome the initial difficulties you might face.
Buy a Studio Apartment
If you are going to live alone or with your partner, it’s best if you purchase a studio apartment in Singapore. A studio apartment in Singapore is ideal for expats for many reasons. First of all, studio apartments in Singapore aren’t very expensive. Compared to bungalows and larger apartments, purchasing a studio apartment is a much more frugal choice. Many developing apartment complexes in Singapore are located in central areas. You will have access to all the amenities and services that you require. These apartments also come with a variety of additional features, such as valet parking, reinforced security, private lifts, and a lot more.
Where to Live
One of the many factors that you need to consider before buying a studio apartment in Singapore is the location. After all, real estate is all about “location, location, location.” Ideally, you want to choose a property that’s close to your place of business and to your child’s school. One thing that you should know is that Singapore is a pretty hot country year-round. Since it’s located very close to the equator, the heat in Singapore can be one of the most difficult things to adjust to. Therefore, it’s best if you buy a west-open apartment.
You should look for properties near Marina Bay or Newton, as they are the most developed areas. If you are moving outside of Central Singapore, you should check out Holland Village and Portsdown Road. Both of these areas are vibrant with character, and you will probably find a good place that falls within your budget.
Finding an Apartment
Finding a decent apartment in Singapore isn’t as difficult as it might seem at first. All you need to do is find a reliable agent who can show you around. This can save you a great deal of time and money. Most expats prefer studio apartments and condominiums, as only a few live on landed properties. You can discuss your requirements with your real estate agent. For instance, many expats prefer a place that’s close to the sea, as it makes for a beautiful view. However, such condos are more expensive. You can discuss your budget with the real estate agent, and they’ll do their best to create a list of properties within your financial means. You can also check out properties online through different real estate websites.
