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Real Estate in EAST COAST, Singapore | Digital Nomad Exchange
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Real Estate in EAST COAST

By Betsy Burlingame

Last updated on Jul 22, 2024

Summary: People living in EAST COAST, Singapore offer advice about real estate. How do you find a home in EAST COAST? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in EAST COAST?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in East Coast, Singapore involves several steps. First, you need to determine your budget. This will help you narrow down your options, as the cost of living in Singapore can be quite high. Next, decide on the type of accommodation you want. Singapore offers a range of options, from HDB flats and condominiums to landed properties and serviced apartments. Once you have a clear idea of what you're looking for, you can start your search. There are several online property portals that you can use, such as PropertyGuru, 99.co, and SRX Property. These websites allow you to filter your search based on location, property type, price, and other factors. You can also engage a real estate agent to help you with your search. They can provide you with expert advice and access to properties that may not be listed online. When you find a property that you're interested in, arrange a viewing. This will give you a chance to inspect the property and the surrounding area. Before making a decision, consider factors such as the property's proximity to public transport, schools, and amenities, as well as the overall condition of the property. Once you've found a property that meets your needs, you can proceed with the rental or purchase process. This typically involves negotiating the price, signing a contract, and making a deposit. Finally, before moving in, make sure to check the property thoroughly and report any existing damages to the landlord or property agent. This will help you avoid any disputes later on. Remember, finding a place to live in East Coast, Singapore may take some time, so it's important to be patient and thorough in your search," said one expat who made the move to EAST COAST.

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What is a typical expat home or apartment like in EAST COAST?

"Expat homes or apartments on the East Coast of Singapore are typically modern and spacious, designed to accommodate families of various sizes. They often feature open-concept living and dining areas, fully equipped kitchens, and multiple bedrooms with ensuite bathrooms. Many of these homes also come with private balconies or terraces, offering stunning views of the city skyline or the sea. The apartments are usually part of larger residential complexes that provide a range of amenities such as swimming pools, gyms, playgrounds, and barbecue pits. Some even have tennis courts, function rooms, and mini-marts within the premises. The interiors of these homes are often tastefully decorated, with a blend of contemporary and traditional Asian elements. High ceilings, large windows, and light color palettes are common, creating a sense of airiness and space. Despite being in a bustling city, these homes are typically located in quieter, residential neighborhoods, offering a peaceful retreat from the hustle and bustle. They are also conveniently located close to international schools, shopping malls, restaurants, and parks, making them ideal for expats with families. In terms of transportation, these homes are usually well-connected to the rest of the city via public transport networks. Many are also within walking distance to the beach, offering residents the opportunity to enjoy outdoor activities like cycling, jogging, or simply relaxing by the sea. Overall, expat homes on the East Coast of Singapore offer a comfortable and luxurious living experience, combining the conveniences of city living with the tranquility of a residential neighborhood," remarked one foreigner who made the move to EAST COAST.

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What is the average cost of housing in EAST COAST?

If you are thinking about moving to EAST COAST, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in East Coast, Singapore can vary greatly depending on the type of property. For instance, a public housing flat (HDB) can cost significantly less than a private condominium or landed property. On average, the cost of a resale HDB flat in the East Coast area can range from affordable to moderately expensive. For private properties, the price can be considerably higher, with condominiums in prime locations or with sea views commanding premium prices. Landed properties, such as bungalows and semi-detached houses, are typically the most expensive, often costing several million dollars. It's important to note that these are average prices and actual costs can vary based on factors such as property size, age, condition, and proximity to amenities," said one person in EAST COAST.

Should I buy or rent a home in EAST COAST?

If you have not spent a lot of time in EAST COAST, 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 East Coast, Singapore depends on several factors. If you plan to stay in Singapore for a long period, buying a home could be a good investment. The property market in Singapore is stable and has shown consistent growth over the years. Owning a home also gives you the freedom to customize your living space according to your preferences. On the other hand, renting a home in East Coast, Singapore could be a more flexible option, especially if you're not sure about your long-term plans. Renting doesn't require a large upfront investment and it also allows you to move easily if your circumstances change. However, rental costs in Singapore can be high, and you may find that you're spending a significant amount of your income on rent. If you're considering renting, it's important to factor in the cost of utilities, maintenance, and other expenses that are typically included in the rent. In conclusion, the decision to buy or rent a home in East Coast, Singapore depends on your financial situation, your long-term plans, and your personal preferences. It's important to weigh the pros and cons of each option before making a decision," said one person in EAST COAST.

About the Author

Betsy Burlingame 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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