Singapore
Should I buy or rent a home in Singapore?
If you have not spent a lot of time in Singapore, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Singapore can be a great investment, as property prices have been steadily increasing over the years. However, it is important to consider your financial situation and lifestyle before making a decision. Renting a home in Singapore can be a more affordable option, as it allows you to save money for other investments or expenses. It also gives you the flexibility to move to a different location if needed. Ultimately, the decision to buy or rent a home in Singapore should be based on your individual needs and preferences," remarked another expat in Singapore.
Other Questions:
- What do I need to know before retiring in Singapore?
- How do I meet people in Singapore?
- What is life like in Singapore?
- Is there a lot of crime in Singapore?
- Is there a lot of diversity? Are people in Singapore accepting of differences?
- What are the schools in Singapore like?
- Is the cost of living in Singapore high?
- What advice do you have for expats having a baby in Singapore?
- What are healthcare services like in Singapore?
- Is the cost of living in Singapore high?
- What type of recreational facilities are in Singapore?
- What is the weather like in Singapore?
- Are there good restaurants in Singapore?
- Where will I buy groceries and do other shopping in Singapore?
- What are the visa & residency requirements in Singapore?
- Are healthcare and health insurance expensive in Singapore?
- What do I need to know when buying property in Singapore?
- Are foreigners allowed to own property in Singapore?
- What appliances are typically included in a rental?
Should I buy or rent a home in Singapore?
If you live in Singapore, newcomers to Singapore would love to hear your answer to this question.
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.
