The cost of renting a space in Singapore can vary widely depending on several factors, including the location, size, type of property, and prevailing market conditions. Here is a general overview of rental costs for different types of properties in various areas of Singapore:
Residential Rentals:
- Housing Development Board (HDB) Flats: Rental prices for HDB flats can range from around SGD 1,500 to SGD 6,500 per month, depending on the flat type and location.
- Condominiums and Apartments: Rental prices for private condominiums and apartments can start from around SGD 2,500 per month for smaller units and can go up to several thousand dollars per month for larger and more luxurious properties.
Commercial Rentals:
- Office Spaces: Rental costs for office spaces in Singapore can vary significantly based on the location and the grade of the building. In prime areas like the Central Business District (CBD), rental prices can range from SGD 10 to SGD 15 or more per square foot per month. In other areas, it may be lower, around SGD 6 to SGD 8 per square foot per month.
- Retail Spaces: The cost of renting retail space in Singapore can also vary depending on the location and the type of mall or shopping center. Rental rates in prime shopping areas can be quite high, while suburban malls may offer more affordable options.
Industrial Rentals:
- Industrial Spaces: Rental costs for industrial properties like warehouses, factories, and workshops can vary based on size, location, and amenities. Prices can start from a few thousand dollars per month for smaller spaces and can go up significantly for larger and more strategically located industrial properties.