In Singapore's Central Business District (CBD) and its surrounding areas, the rental cost for a 1-bedroom unit (which typically includes 1 kitchen and 1 bathroom) with a maximum size of 600 sqft can vary depending on several factors, including:
* **Specific Location:** The closer you are to the core CBD, the higher the rental prices tend to be. Areas slightly further out, like Tanjong Pagar, Chinatown, or River Valley, might offer more affordable options.
* **Condo Development:** Newer and more luxurious condos will generally command higher rents than older developments.
* **Furnishing:** Fully furnished units typically rent for more than partially or unfurnished units.
* **Amenities:** Condos with extensive facilities like pools, gyms, and concierge services can also have higher rental rates.
* **Market Conditions:** Overall rental market demand and supply can influence prices.
Based on current market trends (August 2024), you can expect to pay **approximately S$3,000 to S$5,000 per month** for such a unit in the CBD or nearby areas.
**Here's a rough breakdown:**
* **CBD Core:** S$4,000 - S$5,000+
* **Tanjong Pagar/Chinatown:** S$3,500 - S$4,500
* **River Valley:** S$3,200 - S$4,200
* **Fringe Areas (slightly further out):** S$3,000 - S$4,000
Remember, these are estimates, and the actual rental price might differ based on the specific unit and its features.
**Tips for Finding Affordable Rentals:**
* **Be flexible with your location:** Consider areas slightly further from the core CBD but still within convenient reach.
* **Look for older developments:** Older condos might offer more affordable options compared to newer ones.
* **Consider a smaller unit:** If you're willing to compromise on space, you might find studios or shoebox units at a lower price point.
* **Negotiate:** Don't hesitate to negotiate with the landlord, especially if you're willing to sign a longer lease.
**Resources:**
* **Property Portals:** Use online platforms like PropertyGuru, 99.co, and SRX Property to search for rental listings and compare prices.
* **Property Agents:** Consider engaging a property agent to help you find suitable options and negotiate rental terms.
I hope this helps!
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