Real Estate in Clementi
Last updated on Mar 15, 2024
Summary: People living in Clementi, Singapore offer advice about real estate. How do you find a home in Clementi? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Clementi?
"A typical expat home or apartment in Clementi, is a modern, high-rise condominium with a variety of amenities. These homes are often fully furnished with contemporary furniture and appliances, including air conditioning, a necessity in Singapore's tropical climate. The living room is usually spacious, with large windows that let in plenty of natural light and offer stunning views of the city. The kitchen is typically equipped with modern appliances and ample storage space. Bedrooms in these apartments are often generously sized, with built-in wardrobes and en-suite bathrooms. The master bedroom may also feature a walk-in closet and a luxurious bathroom with a bathtub. Some apartments may also have a small study or home office, a feature that is particularly useful for expats who work from home. The condominiums in Clementi often come with a range of facilities such as a swimming pool, gym, barbecue pits, and a playground for children. Some may also have tennis courts, function rooms, and even a mini-mart. These homes are usually located in close proximity to public transportation, shopping malls, restaurants, and schools, making them convenient for expats. Despite being in a bustling city, many of these apartments are situated in quiet neighborhoods, offering a peaceful living environment. In terms of style, these homes often feature a blend of Western and Asian influences, with clean lines, neutral colors, and minimalist decor. However, there is also room for personalization, allowing expats to add their own touch to their homes. Overall, a typical expat home in Clementi, Singapore, offers a comfortable, convenient, and luxurious living experience," explained one person living in Clementi, Singapore.
What is the average cost of housing in Clementi?
If you are thinking about moving to Clementi, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Clementi can vary greatly depending on the type of property. For instance, a public housing flat (HDB) can cost around SGD 400,000 to SGD 600,000. On the other hand, private condominiums in Clementi can cost significantly more, with prices averaging between SGD 1 million to SGD 2 million. Landed properties such as terraced houses or bungalows are even more expensive, often costing several million dollars. Please note that these are average prices and actual costs can vary based on factors such as the property's age, size, condition, and proximity to amenities," said one expat who made the move to Clementi.
Should I buy or rent a home in Clementi?
If you have not spent a lot of time in Clementi, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Clementi depends on your financial situation, long-term plans, and personal preferences. If you have a stable job, plan to stay in the area for a long time, and can afford the down payment and monthly mortgage payments, buying a home could be a good investment. Owning a property allows you to build equity, enjoy potential appreciation in value, and have more control over your living space. On the other hand, if you are unsure about your long-term plans, have a limited budget, or prefer not to deal with the responsibilities of homeownership, renting might be a better option. Renting a home in Clementi offers more flexibility, as you can easily move if your circumstances change. Additionally, renting allows you to avoid the upfront costs and long-term commitment associated with buying a property. Ultimately, the choice between buying and renting a home in Clementi, Singapore depends on your individual circumstances and priorities. It is essential to carefully consider your financial situation, lifestyle, and future plans before making a decision," remarked one foreigner who made the move to Clementi.
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.
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