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Properties to rent and buy in Singapore, November 2013

By: Deborah Law, Director of Expat Realtor

People moving into their new homes often don’t feel really settled until they get their internet sorted. Only then comes setting up the TV and the sound system, getting them to “talk” to each other, and working out which service provider is the best.

All this can be testing, so Expat Realtor’s concierge service is thrilled to have linked up with an expat couple from Jersey, Tekkie Help, who do all that and much more for a very reasonable price (tekkiehelp.com).

The TDSR (total debt servicing ratio) introduced in June has caused the market to dip as, unlike the temporary cooling measures of Additional Buyers Stamp Duty (ABSD) and Seller Stamp Duty, the TDSR is a structural change. Is there a property bubble? Industry watchers believe this dip will be short-lived based on the following factors: an undersupply of housing until 2030; GDP growth of 2.5 to 4.5  percent for 2013; low unemployment; and low interest rates.

With the five percent ABSD, permanent residents (PRs) are unsure whether to buy residential property now, or wait and rent. It’s worth doing your sums: in two years the market may have risen, and the money spent on rent might be more than paying the ABSD now. Nationals and PRs from Switzerland, Norway, Lichtenstein, Iceland and nationals from the US should remember that these countries have free trade agreements with Singapore, so they are unaffected by the property taxes imposed.

Check out this month’s selection of great properties on offer here in Singapore. If you like any of the below, or wish to see more – contact info@expatrealtor.net or call 62551027.

SENSATIONAL SPRINGLEAF

This lovely, spacious house is a perfect family home with a garden and a decent-sized pool. In very good condition, it has a good functional layout with five bedrooms, five bathrooms, a big living area, a dining area and large kitchen. Located in a quiet neighbourhood, it is surrounded by nature but is in good proximity to amenities and is convenient for families with children studying in the Australian, French or Stamford American international schools. The commute to the CBD is a 20-minute drive in normal traffic, 40 minutes in rush hour.All of this could be yours!

$7K RENT 
District: 26
Size: 3,200 sq. ft
Bedrooms: 5
Type: Semi-detached

COUNTRY CLUB CENTRAL

A well kept and maintained three-storey semi-detached house comprising a big living area, two dining areas, an open-plan kitchen, six bedrooms, a maid’s room with shower, two storage rooms, a study, two family areas and a huge terrace for entertaining guests.

Its convenient location is a five-to-eight-minute walk from Serangoon Country Club and shops. With a bus stop right at the door, it’s perfect for families with children at the French, Australian or Stamford American international schools. There are plenty of amenities nearby.

$8K RENT
District: 19
Size: 5,900 sq. ft
Bedrooms: 6
Type: Semi-detached

PERFECTION AT PANDAN VALLEY

Spread over three floors, this bright and spacious has been renovated. Situated on low floors and with a lift and a large built-in patio, this unit will be snapped up quickly as it is well priced. Located near Holland Village and Jelita Cold Storage supermarket, it has great access to Clementi, the AYE, North Buona Vista and the CBD. Plenty of direct buses serve the area and there is easy access to a connector path for cycling and running.  

$3.9K RENT
District: 21
Size: 4,000 sq. ft
Bedrooms: 3
Type: Condominium

CORNER COMFORTS

This semi-detached corner house is situated at the end of a quiet cul-de-sac in Serangoon Gardens close to the French and Australian schools. Renovated, it has bright and spacious rooms. There are five bedrooms: one downstairs, a junior master and a master bedroom on the second level, and two bedrooms plus a family area on the third floor. With two good-sized storage rooms and a garden, this house is value for money and is convenient with easy access to public transport and shops.

$6.5K RENT
District: 19
Size: 3,250 sq. ft
Bedrooms: 5
Type: Corner semi-detached

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