in District 10 also had a number of units that were leased for monthly rents of $2,500 or less this year. 11 one-bedders in Loft @ Nathan fetched monthly rents of $2,200 to $2,500. 14 one-bedroom units in RV Edge fetched rents in the same range. A two-bedroom unit in RV Edge was also rented for $2,500 per month.
As work-from-home stops being the default, some tenants prefer to live near the CBD to cut down on commute time. Single tenants might want to consider Condominiums in the east are offering more value for money compared to condominiums in the central region. Tenants with a tight budget will be able to rent only a one-bedder in the central region but they can potentially snag a larger one-bedder or even a two-bedder in the east.The Fernvale area has three condominiums that have a significant number of units that were leased at an affordable level.
Based on rental transactions over the past 36 months, H2O Residences can boast of having the lowest overall average rent while High Park Residences has the highest average rent and rental volume. The wide disparity in rent between the two developments could be due to their difference in age and facilities.Housing prices tend to be lower in the north region of Singapore so it is hardly surprising that the north region also has more affordable rental options.