Get the Best Value Serviced Apartments in Singapore—Top 7 Tips to Know
Is there such a thing as a cheap serviced apartment for rent in Singapore?
Rental rates are finally plateauing. Savills predicted that most of the rental increase this year is mostly over. But finding the best value serviced apartments isn’t exactly a walk in the park either. Singapore rental rates are still sky-high, and there may still be an influx of expatriates from Hong Kong that can keep Singapore apartment rentals occupied. With the spectre of uncertainty and inflation, many tenants are downgrading to more affordable locations, smaller apartment rentals in Singapore, or considering co-living accommodations. That said, there is a way out if you’re looking to find long-term accommodation rental in Singapore that can fulfil your lifestyle needs. Read on to find out how you can find the best value serviced apartments in Singapore.
Why Choose Singapore Serviced Apartments
It’s truly the best of both worlds. Serviced apartments for rent offer all the ease of hotel-like services and rooms, all the while providing the amenities of a premium furnished apartment. So you’ll get access to a 24-hour front desk, housekeeping, and laundry facilities, but also enjoy the benefits of staying in a luxury condominium. Your serviced apartment rental in Singapore would have a fully equipped kitchen and spacious living areas. Just imagine: you can finally learn how to cook in your home away from home. Not to mention, you get to luxuriate in all the amenities in the condominium too, such as a fitness centre, outdoor pool, tennis courts, and even a rooftop swimming pool.
That’s why service apartments in Singapore are ideal for people who are staying long-term. Sure, you can find cheap accommodation rentals in Singapore elsewhere. But, finding HDB rentals and Singapore condo rentals comes with its own hassles, which need time. With a service apartment, you can simply find a fully-furnished accommodation rental in Singapore you like and move in just a few clicks.
Serviced Apartments Brands and Their Rental Rates in Singapore
With Singapore’s bustling cityscape, there are plenty of furnished accommodation rentals in Singapore to choose from. However, service residences can differ in how they charge for their private accommodation rental in Singapore. While most accommodation rentals in Singapore show monthly rates, some international brands show a nightly rate for their private accommodation rental in Singapore.
| Singapore Serviced Accommodation Brands | Singapore Apartment or Room Rental Rates |
| Habyt (formerly Hmlet) | Private rooms from SGD$1,655/month |
| Lyf | Around SGD$171/night for longer stays (over 6 months) |
| Figment | From SGD$2,300/month |
| PARKROYAL Serviced Suites Singapore | From SGD$403/night |
| Weave Suites | Suites from SGD$2,450/month |
| Far East Hospitality | Unit from SGD$6,780/month |
| Cove | Standard rooms from SGD$1,350/month |
| The Assembly Place | Coliving rooms from SGD$1,000/month |
| MetroResidences | Coliving rooms from SGD$1,290/month, Studio apartments from SGD$2,800/month |
Why Choose MetroResidences
Of course we’re going to toot our own horns. At MetroResidences, we provide serviced apartments and Singapore condo rentals that harmonises comfort, convenience and affordability. We specialise in studio apartments, Singapore condo rentals and serviced apartments. We have serviced accommodations in smaller boutique developments like Robinson Suites and Meyer Melodia, as well as in large-scale luxury condominium complexes like J Gateway and Jadescape. Our serviced apartments across Singapore have convenient locations, offering proximity to MRT stations, bus stops, and shopping malls.
Another point that reflects our commitment to providing convenience is our flexibility in our leases, allowing our tenants to pick and choose the cleaning services and the duration of their stay. The lease terms are more flexible than most of the market too. The leases for our service apartment and Singapore condo rentals come in 3-month, 6-month, 9-month, and 12-month options, allowing business travellers and digital nomads to choose the period that best suits their needs, instead of needing to rent for the whole year from the get-go.
Every apartment we have adheres to our strict in-house standards. We meticulously craft all of our serviced apartments with chic furnishings and comfortable furniture. So our guests can enjoy high-speed wifi, a fully-equipped kitchen and spacious living spaces.
How to get the best value serviced apartments in Singapore – Top 7 Tips and Tricks
1. Search in advance
While we can’t look into the future (yet), it helps to search for your Singapore home rental in advance for a cheaper rate. That gives you more time to look for options, and there are usually more of availabilities too. Much like plane tickets, the earlier you book, the better the rates are.\
That said, not all websites are created equal. Some serviced accommodations you find may need you to call in or email to make a booking. But with MetroResidences, you get to view all of our serviced apartment (in 360-degrees too!) and shoe in your booking—all in just 2 minutes.
2. Be flexible
By searching in advance, you get to be more flexible with your move-in dates too. We’ve seen instances where our guests had to let go of their preferred serviced suites because they couldn’t shift their arrival dates by a couple of days. So if you haven’t booked your plane tickets in Singapore yet, you could find yourself with a wealth of private accommodation rentals in Singapore at your disposal.
3. Compare prices
There are a number of websites that allow you to compare prices for serviced apartments in Singapore. It’s important to compare prices from different websites before you book. (But don’t tell them about it because it’s basically a cliche now.)
Typically, short-term rentals in Singapore command higher prices and landlords prefer tenants to stay longer. While some brands can offer serviced suites under the guise of an upgraded hotel room, short-term leases in Singapore that are less than 3 months are illegal. So, most service apartments offer long-term rental in Singapore. With that, the cost of Singapore flat rentals for every night decreases.
4. Consider staying outside of the city centre
In sunny Singapore, commuting is never a hassle. If you don’t need to live like a true-blue nepo baby, find a service residence outside Singapore’s urban core. But if quick access to Raffles Place or Orchard Road matters to you, city-fringe condo rentals in Tiong Bahru or Farrer Park can still be convenient. And don’t look down on the outer suburbs of West Singapore and East Singapore too.
5. Read reviews
This should go without saying. A swanky website isn’t everything. Try and see if you can find reviews on Google about the serviced accommodations you’re about to choose. Perhaps you can even find listings elsewhere to check the reviews as well.
6. Negotiate for freebies
This won’t work all the time! But if you’re staying for a longer period of time, you may be able to negotiate a lower rate with the property owner. They may not always be able to give you a competitive rate, but sometimes they’ll throw in laundry services, housekeeping, or even moving services.
7. Find discounts
You never know if a good deal is right under your nose. So, do a proper sweep of the website; there might be a new promotion just around the corner. Not to mention, plenty of serviced apartments offer discounts for long-term stays or for when you’re booking directly through their website. It’s always worth asking about discounts before you make your reservation.
MetroResidences Year-End Sale 2023
Look no further! With our year-end sale, you can find one of the lowest rental rates for a Singapore serviced apartment. No matter your budget or needs, you can definitely find the perfect serviced apartment in Singapore. We have an extensive range of Singapore service apartments and co-living in prime locations like Tiong Bahru, Shenton Way, Orchard Road, and Clarke Quay. With so many great options, you’re sure to get the best bang for your buck. We’re not kidding when we say we have the best value serviced apartments in Singapore.
