A compact apartment (read: less housework) that houses almost everything you’ll need to live your best life. What’s there not to like about studio apartments?
Renting a private room might be too small for all your belongings and a multi-room apartment will most likely make a large dent in your savings. Enter studio apartments, a compact living accommodation that houses everything you’ll need to live your best life, while providing a comfortable amount of privacy and space.
Without further ado, let’s get to it and find out what you can expect when renting a studio apartment in sunny Singapore.
Studio apartment 101
First thing's first, let’s get the terminology right. A studio apartment refers to an open-concept and self-contained abode. This means that you can expect to find a kitchen, living room, bathroom and bedroom all rolled into a single unit. And if you’re lucky, you’ll even get a spacious balcony accompanying the studio apartment.
A typical studio apartment is usually between 19m² and 34m² in size. The key difference between a studio apartment and a 1-bedroom apartment is that the latter cordons off the bedroom from the living room and kitchen, and the former doesn’t.
Who are studio apartments best suited for?
Housing everything that you might need in a single space without burning holes in your pocket, studio apartments are great for singles, couples and those with small pets. With more Singaporeans renting and foreign expatriates relocating to Singapore, renting studio apartments have become increasingly common and one is also far more affordable than a 1- or 2-bedroom apartment.
Apart from these three groups, studio apartments are also a great option for those on short-term business trips, leisure travellers or those itching for an extended staycation away from the humdrum of everyday life. More affordable than a hotel stay but with almost the same amenities and sometimes better location, studio apartments make a sound choice.
Would studio apartment living be for me?
Studio apartments in Singapore are welcoming alternatives to expensive multi-bedroom apartments or hotels, simply because of their lower rental fees. The price of renting a studio apartment in Singapore ranges between S$1,300 to S$4,500 monthly, while an average hotel room ranges from S$200 to S$500 per night (S$6,000 to $15,000 per month).
The presence of recreational amenities, quality of utilities, the unit’s accessibility and proximity to downtown Singapore, and building’s age would influence rental prices. Consequently, studio apartments for rent within or around the Central Business District (CBD) (River Valley, Raffles Place, Orchard Road, Tanjong Pagar, Marina Bay Sands, Serangoon Road) are the most pricey as they cater to working adults with deeper pockets.
Areas that sit along the fringe of the CBD area (Novena, Newton, Balestier Road, Beach Road, Tiong Bahru, Braddell and Alexandra) are slightly more affordable and provide almost the same level of convenience. Not to mention, these are the same neighbourhoods that have a tonne of hidden gems to discover — think food haunts, old school stores, etc.
However, if you’re on a tight budget but have personal transport, then perhaps you can look at staying further away from the city centre in areas like Pasir Ris, Jurong West, Woodlands or Punggol.
But these rentals will require a minimum lease contract of at least a year or two. So, if you’re just dropping by Singapore for leisure or a short business trip, be sure to check out our spacious studio apartments at Hmlet Cantonment. Only requiring a minimum 6-night stay, this centrally-located property offers the comforts of a hotel minus the hefty price tag.
Your dream studio apartment is just a click and call away
Whether you have decided on renting a studio apartment in Singapore or are still exploring between a studio or a 1-bedroom apartment, Hmlet offers quality choices and dedicated expert advice to help you meet your needs. Not to mention, Hmlet Members also gain access to a plethora of exclusive Members-only events and lifestyle perks.
Contact us today for a non-obligatory discussion while these coveted units are still available!