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Friday, September 30, 2022
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FT EARNING $3K SALARY, ASKS IF $800 RENT FOR CONDO COMMON ROOM IS A GOOD DEAL

Is 800sgd a good deal for rent?

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My take home salary is 3k sgd. Do you think 800sgd rent for a common solo room is a good deal? I’ll be co-living in a condo with other people but same nationality (Filipina here).

Not sure how much will PUB cost but I estimate it will be around 70 to 90 sgd? In total it will be around 30% salary. Condo is near my workplace (only 2 stops from bus).

Also I’m also looking at another place. Has a roommate but the rent is only around 500 sgd ( PUB included). Quite near my workplace as well.

This will be my first time renting in Singapore so I’m really not quite sure about the whole renting situation. Would appreciate all your thoughts. Thank you!

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Netizens’ comments

  1. Considering the price and how near it is to your work, I would say it is a good deal to get the condo. I would also recommend to be clear with any existing rules around shared common areas (any bathroom scheduling? How many people are sharing the common toilet? do you share a washing machine and do you have a set laundry day?).
  2. $800 for a common solo room in a condo seems reasonably priced! Maybe just for reference, my acquaintance used to rent a HDB master bedroom (bedroom + connected bathroom) for around $1.1K per month? So yours seems like a good deal! I think utilities could be within what you’ve written or a bit lower, depending on how many people are sharing the condo together. You can budget around $80-90 per month since I think the electricity prices might rise again. In that way, since condo is near your workplace, you’re saving on transport!
    It depends if you’re okay w sharing the room with someone else for the $500Sgd (inclusive of utilities). Remember to budget for wifi prices too tho! Idk if people charge extra for wifi or not
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