My Arrival At ESSEC Asia-Pacific
  • ESSEC AP
    • Campus Floor Directory
    • Learning Center
    • Contact Us
    • Resources
    • Website Directory
    • FAQ
  • Prep & Arrival
    • Pre-departure & Arrival Checklist
    • Student's Pass
    • Health Insurance
    • Medical Check-up
    • Working in Singapore
  • Accommodation
    • Property Types
    • Budget
    • Location
    • Source Options
    • Property Viewing & Negotiation
    • Sign Agreements
    • Move In
  • Guide to Singapore
    • Daily Living
    • Transport & Communication
    • Food and Dining
    • Culture
    • Sports & Leisure
  • Campus Life
    • Student Leadership
    • Student Clubs
    • Annual Events
    • Events Calendar

Decide Your Budget

Introduction
Having a budget in mind will help you decide the type of property to rent, as well as its location. Ensure that your budget is flexible enough to prevent situations where you are unable to find a house that is both within your budget as well as in a specific location of your preference. 

​Condominium Rental Rates
Singapore's Urban Redevelopment Authority (URA) maintains an updated pricing list for all condominiums in Singapore. You can view the rates at this link

ESSEC Singapore Budget Survey
Every year, a survey is conducted among ESSEC students. In early 2022, the average rental paid by a student is $1276, not inclusive of Utilities and Wi-Fi. You can view the full ​survey results here.​
Factors affecting Rent
Several factors come into play when it comes to rent, namely:
1. Location - areas near Central Business District, e.g. Marina Bay and Tiong Bahru fetch higher rental. Affluent residential estates like Bukit Timah and Holland Village also fetch higher rental. Read more here.

2. Property Type - Rooms in Housing Development Board (HDB) flats fetch the lowest rental, followed by condominiums, and landed properties (houses) which fetch the highest rental. Read more here.

3. Whether you are dealing with the landlord, agent or a full-service provider. If you deal with the landlord directly, you won't need to pay commission and have more negotiating power. If you deal with an agent, you will pay a commission but you have the option of viewing multiple properties managed by the agent. If you engage a full-service provider, they take care of everything and you pay a premium rent.

4. Whether utilities, Wi-Fi & cleaning services are included

5. Whether you are sharing your room with someone, which will halve the rent.

Property Price Matrix

The table below gives an estimate of monthly rental for 1 room (excluding utilities, Wi-Fi and cleaning) for different property types at several popular locations among ESSEC students. For monthly cost of living, please check out ​https://myarrivalatessecap.weebly.com/daily-living.html
Picture
section HOME
RESOURCES
Contact us
directory
FAQ
Powered by Create your own unique website with customizable templates.
  • ESSEC AP
    • Campus Floor Directory
    • Learning Center
    • Contact Us
    • Resources
    • Website Directory
    • FAQ
  • Prep & Arrival
    • Pre-departure & Arrival Checklist
    • Student's Pass
    • Health Insurance
    • Medical Check-up
    • Working in Singapore
  • Accommodation
    • Property Types
    • Budget
    • Location
    • Source Options
    • Property Viewing & Negotiation
    • Sign Agreements
    • Move In
  • Guide to Singapore
    • Daily Living
    • Transport & Communication
    • Food and Dining
    • Culture
    • Sports & Leisure
  • Campus Life
    • Student Leadership
    • Student Clubs
    • Annual Events
    • Events Calendar