Condo vs. Apartment in Singapore: Which one is better for short time rent
Finding temporary home away from home for expat like you probably the most tricky thing to consider while visiting Singapore. As a dynamic crossroads of business, culture, and travel—Singapore has become a favored hub for globetrotters.
Whether you’re settling in for a work assignment, exploring Southeast Asia, or transiting through this vibrant city-state, finding the right place to live is essential to a rewarding experience. Among the diverse housing options available, condominiums (condos) and apartments are two of the most popular choices for expats. Each offers unique advantages in terms of comfort, cost, and lifestyle.
Lets deep dive more to give you a complete guide, hopefully may helping you choose the option that best suits your needs and aspirations during your time in Singapore.
Understanding the Landscape: Condos vs. Apartments
Condominiums in Singapore are private residential developments, often located in prestigious neighborhoods such as Orchard, Marina Bay, and Holland Village. These residences offer a suite of premium amenities—swimming pools, fitness centers, landscaped gardens, playgrounds, and round-the-clock security—that create a resort-like environment. Condos are ideal for those seeking comfort, luxury, and convenience, whether staying a few months or several years.
Apartments, on the other hand, are typically smaller residential units that may be found in older buildings or private estates. They are more modest in terms of facilities, but often more budget-friendly and located in charming local neighborhoods like Tiong Bahru, Novena, or the East Coast. Apartments appeal to expats who prefer a more grounded, culturally immersive living experience.
Which one to consider as your temporary home, here is the hints.
1. Cost of Living
Singapore is renowned for its high living standards—and cost. For many expats, housing will be the most significant monthly expense.
Condos for a one-bedroom type in a central area such as Orchard or the CBD typically ranges from SGD 3,000 to SGD 5,000 per month (equals to USD 2,315 to 3,858). Larger, three-bedroom units may command SGD 7,000 to SGD 12,000 (equals to USD 5,401 to 9,260) , especially if they are near top schools or business hubs. For professionals with corporate housing allowances, the investment is often well worth the elevated lifestyle.
In contrast, a one-bedroom apartment in areas like Novena or the East Coast can range from SGD 2,000 to SGD 3,000 (that is equal to USD 1,543 to 2,315). A three-bedroom unit outside the city core starts at around SGD 3,000. Apartments provide a sensible choice for expats with more modest budgets or those planning shorter stays.
Our tip if you are short-term travelers or consultants, serviced apartments offer a practical middle ground, combining hotel-like convenience with home-style amenities at prices from SGD 2,700/month.
2. Choosing Your Daily Experience
If you’re selecting a place to stay while awaiting further direction from your head office, consider these key factors to help you decide between a condominium or an apartment.
Condos provide a seamless, all-inclusive living experience. With facilities like pools, gyms, BBQ areas, and even concierge services, they are well-suited to families and individuals who value ease and recreation. Social events within condo communities can also offer meaningful opportunities to connect with fellow expats.
Apartments, while more modest in amenities, often grant access to a richer local experience. Enclaves like Tiong Bahru brim with heritage charm, artisanal cafes, and bustling wet markets. For those eager to dive into the cultural heartbeat of Singapore, apartments offer authenticity over opulence.
3. Location & Accessibility
Singapore’s world-class MRT system ensures nearly every neighborhood is well-connected. Still, proximity to your workplace, kids schools, or travel points can significantly enhance your quality of life while awaits for next transfer. Here is the comparison:
Condos in central districts (Orchard, Tanjong Pagar, Newton) are just minutes from the CBD, major malls, and top-tier international schools. Quick access to Changi Airport (20–30 minutes by taxi) is a bonus for frequent flyers exploring Southeast Asia.
Apartments in areas like East Coast or Novena offer a more relaxed ambiance, with lush parks, seaside promenades, and cultural enclaves just steps away. They remain well-connected by public transport and provide a welcome retreat from the fast-paced city center.
4. Ownership Considerations for Expats
While most expats choose to rent, long-term residents may consider purchasing property.
Condos are generally open to foreign buyers (non-landed private properties), though Additional Buyer’s Stamp Duty (ABSD) applies. Ownership is a feasible option for expats with permanent residency or long-term career plans in Singapore.
Apartments fall under the same general rules, though they are often older and less attractive to foreign buyers. Note: Foreigners are not allowed to buy HDB flats unless married to a Singaporean citizen.
Making The Right Choice
Still wandering which one is the best, here is the table comparison to state it clear.
Opt for a Condo if you:
- Receive a corporate housing allowance or have a generous budget
- Prioritize amenities like pools, gyms, and 24/7 security
- Need to be near the CBD, international schools, or medical centers
- Want a fully furnished, hassle-free setup for stays longer than 6 months
Choose an Apartment if you:
- Are on a tighter budget or staying only a few months
- Prefer a local, culturally rich living experience
- Don’t need luxury amenities
- Enjoy vibrant, laid-back neighborhoods like Tiong Bahru or the East Coast