Singapore remains a popular destination for professionals, expatriates, and long-term visitors due to its safety, efficiency, and modern infrastructure. When staying in the country for several months or years, renting a private apartment becomes a practical and often more cost-effective choice than hotels. Among the various options, a 3-bedroom serviced apartment in Singapore offers additional space and amenities, making it suitable for families or individuals seeking more room. However, navigating the rental market can be challenging without understanding key terms, pricing expectations, and tenancy conditions. This guide outlines everything you need to know for a smooth and informed rental experience.
Understand the Differences Between Serviced and Private Apartments
Serviced apartments in Singapore come fully furnished and typically include housekeeping, utilities, and access to gyms or pools. They suit those who value convenience and are willing to pay a premium for a hotel-like experience. A 3-bedroom serviced apartment in Singapore is ideal for families or business travellers seeking privacy, flexibility, and support services during their stay.
In contrast, private apartments are standalone residential units leased directly from property owners. They often offer better value for long-term stays, especially when you’re comfortable managing your household needs. While some private apartments are also furnished, others come partially furnished or bare, so renters should clarify this before signing a lease. Deciding between the two options depends on your lifestyle preferences and budget constraints.
Know the Legal Requirements and Rental Process
Foreigners are allowed to rent most residential properties in Singapore except certain types of public housing. The standard lease term for a private apartment in Singapore is 12 or 24 months, and tenants usually pay one month’s rent in advance with a security deposit equivalent to one or two months’ rent. Always request a written tenancy agreement outlining all rental terms, including payment schedules, maintenance responsibilities, and termination clauses.
Before committing to a unit, inspect the apartment thoroughly, check the inventory list, and ensure the landlord has the legal right to lease the property. It’s common to engage a property agent who can help negotiate terms and facilitate the paperwork. However, confirm if the agent charges a commission fee and whether it’s covered by the landlord or the tenant.
Factor in Costs Beyond Monthly Rent
When budgeting for a long-term stay, consider more than just the listed monthly rent. For 3-bedroom serviced apartments, utilities, internet, housekeeping, and maintenance may be included, making it easier to plan expenses. However, the overall rent tends to be higher due to these bundled services.
Private apartments in Singapore, on the other hand, usually exclude such costs. Tenants typically pay for electricity, water, internet, aircon servicing, and minor repairs. Condominiums may also charge maintenance or conservancy fees, so it’s essential to ask whether these are included in the rent or paid separately. Understanding these components ensures you’re not caught off guard by additional monthly charges.
Choose the Right Location for Your Lifestyle Needs
Singapore offers different neighbourhoods, each catering to various lifestyles and priorities. For example, central districts like Orchard and River Valley offer convenience and proximity to shopping and dining but come at a premium. Suburban areas such as Bishan, Punggol, or Jurong provide more affordable options while still offering accessibility via public transport.
When selecting a private apartment in Singapore, consider your daily commute, proximity to schools (if relocating with family), supermarkets, and healthcare facilities. A strategically located 3-bedroom apartment reduces travel time and supports a more comfortable long-term stay. If you prefer a quieter environment, opt for residential enclaves rather than bustling city districts.
Conclusion
Renting a private apartment in Singapore for a long-term stay offers flexibility and cost control, especially compared to hotels. A 3-bedroom serviced apartment may suit those needing immediate convenience and space, while private condominiums provide better customisation for longer tenancies. Understanding the rental process, associated costs, and location options ensures a smooth experience from start to finish. With proper research and planning, you can secure a home that fits your budget and lifestyle needs.
Contact Aurealis Serviced Residence for flexible financing solutions that help you settle comfortably in your ideal apartment.
