Real Estate in Queenstown
Last updated on Dec 09, 2024
Summary: People living in Queenstown, Singapore offer advice about real estate. How do you find a home in Queenstown? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Queenstown?
"Expat homes or apartments in Queenstown are typically modern and spacious, designed to accommodate the needs of individuals or families. They often feature a blend of Western and Asian design elements, with open floor plans and large windows to let in natural light. The living rooms are usually spacious, with comfortable seating and a dining area. The kitchens are fully equipped with modern appliances and ample storage space. Bedrooms are often generously sized, with built-in wardrobes and en-suite bathrooms. Some apartments may also have a study or home office, catering to the needs of expats who work from home. Many expat homes in Queenstown also come with additional amenities such as a balcony or terrace, offering stunning views of the city skyline or surrounding greenery. In terms of communal facilities, many apartment complexes in Queenstown offer swimming pools, gyms, barbecue pits, and playgrounds. Some may even have tennis courts or function rooms. The location of these homes is also a key feature, with many situated close to international schools, shopping malls, restaurants, and public transportation links. Despite being in a bustling city, Queenstown also offers plenty of parks and green spaces, providing a tranquil living environment. In summary, a typical expat home in Queenstown, Singapore offers a comfortable, modern living space with a range of amenities, situated in a convenient and attractive location," remarked one foreigner who made the move to Queenstown.
What is the average cost of housing in Queenstown?
If you are thinking about moving to Queenstown, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Queenstown 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. Private condominiums, on the other hand, can range from SGD 1 million to SGD 2 million on average. Landed properties such as terraced houses or bungalows can cost significantly more, with prices often exceeding SGD 3 million. However, these are just averages and actual prices can fluctuate based on factors such as location, size, age, and condition of the property," said one expat who made the move to Queenstown.
Should I buy or rent a home in Queenstown?
If you have not spent a lot of time in Queenstown, 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 Queenstown depends on your financial situation, long-term plans, and personal preferences. If you have a stable income, plan to stay in the area for a long time, and want to build equity, buying a home may be a good option. However, if you prefer flexibility, don't want to deal with property maintenance, or are unsure about your long-term plans, renting might be a better choice. Additionally, consider factors such as property prices, rental rates, and the potential for appreciation or depreciation in the area before making a decision," said one person in Queenstown.
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.
Get a quote in 2 minutes from our partner, Cigna Global Health.
Get Quote
Singapore Forum
Talk with other digital nomads and expats in Singapore on our Singapore forum - meet people, get advice and help others.
Contribute
Help others in Singapore by answering questions about the challenges and adventures of living in Singapore.
Digital Nomads in Singapore offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Singapore.