Real Estate in Serangoon Gardens
Last updated on May 15, 2024
Summary: People living in Serangoon Gardens, Singapore offer advice about real estate. How do you find a home in Serangoon Gardens? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Serangoon Gardens?
"A typical expat home in Serangoon Gardens, is a modern and spacious property, often with multiple bedrooms and bathrooms. These homes are usually fully furnished with contemporary furniture and appliances, including air conditioning, which is essential in Singapore's tropical climate. The living areas are often open-plan, with large windows that let in plenty of natural light. The kitchens are typically equipped with modern appliances, including a refrigerator, oven, and dishwasher. Some homes may also have a separate laundry room with a washing machine and dryer. The bedrooms are usually spacious, with built-in wardrobes for storage. The master bedroom often has an en-suite bathroom for added convenience. Many expat homes in Serangoon Gardens also come with outdoor spaces, such as a balcony, terrace, or even a small garden. These outdoor areas are often furnished with outdoor furniture, providing a perfect spot for relaxation or entertaining guests. In terms of location, these homes are usually situated in safe and quiet neighborhoods, within walking distance to local amenities such as shops, restaurants, and parks. Some homes may also be located within gated communities, providing an extra layer of security. In addition to the home itself, many expats in Serangoon Gardens also have access to shared facilities within their housing complex or community. These can include swimming pools, gyms, playgrounds, and barbecue areas. Overall, a typical expat home in Serangoon Gardens offers a comfortable and convenient living environment, with a blend of modern amenities and local charm," said one expat who made the move to Serangoon Gardens.
What is the average cost of housing in Serangoon Gardens?
If you are thinking about moving to Serangoon Gardens, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Serangoon Gardens can vary greatly depending on the type of property. For instance, a landed property in this area can cost significantly more than a condominium or an HDB flat. As of recent data, the average price for a landed property in Serangoon Gardens can range from a few million Singapore dollars to over ten million for larger, more luxurious homes. On the other hand, the cost of condominiums in the area is typically lower, with prices averaging in the millions. HDB flats, which are public housing units, are the most affordable option, with prices typically in the hundreds of thousands. However, it's important to note that these prices can fluctuate based on a variety of factors, including market conditions, the size and condition of the property, and its proximity to amenities," said one expat who made the move to Serangoon Gardens.
Should I buy or rent a home in Serangoon Gardens?
If you have not spent a lot of time in Serangoon Gardens, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Serangoon Gardens depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in the area for a long time and have the financial means to purchase a property, buying a home can be a good investment, as it allows you to build equity and potentially benefit from the appreciation of property value over time. Additionally, owning a home provides stability and the freedom to make changes to the property as you wish. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting a home in Serangoon Gardens may be a better option. Renting allows you to easily relocate if needed and does not require a large upfront investment. Furthermore, renting a home means you are not responsible for property taxes, maintenance, and other costs associated with homeownership. Ultimately, the decision to buy or rent a home in Serangoon Gardens depends on your individual needs, preferences, and financial situation. It is essential to carefully consider your options and consult with a real estate professional to make the best decision for your circumstances," said one expat in Serangoon Gardens.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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