Rent

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Asked by Anonymous

Updated on 18 Apr 2019

How much of my income should I be spending on rent?

Take home 3k after CPF, still have student loans to repay

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Yong Zheng
Yong Zheng,
Level 2. Rookie
Answered on 21 Oct 2018

Market rate now for a bedroom is around $500-$650, best is to get the lowest so you won’t be taking too much of your income to pay for rent.

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Yong Kah Hwee
Yong Kah Hwee,
Level 6. Master
Answered on 21 Oct 2018

Depends on where you'd like to stay. Less than $700 a month seems like a good number to start. Can get much lower if you choose to share rooms/share apartments with a group of people.

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20% max. If you can, Co share an apartment.

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