The cost of renting property in Singapore is pegged to certain factors such as:

1. Private housing or public housing: The rental cost of  private property such as condos or private apartments is higher than renting a HDB flat in the open market.
2. The residential area where the property is located: Apartments that are located closer to the CBD or that are located in prime areas such as Tanjong Pagar, Bukit Timah, River Valley, Holland, Orchard, Tanjong Rhu, etc. command higher rents than property in the suburbs.
3. The apartment size, amenities and age of the building: Usually, newer apartments that are larger in size and within close proximity to amenities cost higher than older buildings, small unit sizes and apartments that are situated away from amenities.

Listed below is the average rental range for various types of property in Singapore as of June 2010. Note that this does not include landed property, as such housing is usually quite hard to come by in Singapore and very expensive.

• Condominiums: The average rental range for a 2 bedroom condo is around S$2,500-S$3,000 a month,  while a 4 bedroom condo can cost you anywhere between S$4,000-S$6,500 a month, depending on its location and proximity to amenities and the city center. Note that these figures are reflective of the current average rents of condos in the suburbs.
• HDB Flats: The average monthly rental fee for HDB flats are as follows:
  • 2 bedroom units: S$1,000-S$2,000
  • 3 bedroom units: S$1,800-S$2,300

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(Chief Editor:xiaoya)