Unlike cookie-cutter developments found elsewhere, each walk-up has its unique personality which cannot be replicated.
It is a fantastic city with plenty of opportunities for those who live or are considering moving here.
One such opportunity that continues to grow in popularity daily is walk-up apartments.
Although these apartments come with their challenges( like having to climb stairs), there are plenty of great reasons why people love them.
In this article, we’ll explore what walk-up apartments are and the top five reasons why they are fantastic.
- 1 What Exactly Are Walk-up Apartments?
- 2 Top Five Reasons to Love Walk-up Apartments
- 3 How Can You Find Walk-up Apartments for Rent in Singapore’s Prime Locations?
- 4 What is the Process of Renting a Walk-up Apartment in Singapore Like?
- 5 Are There Any Restrictions on Who Can Live in a Walk-up Apartment Complex in Singapore?
- 6 How Much Do Walk-up Apartments Cost to Rent in Singapore Compared to Other Types of Housing Options Available?
What Exactly Are Walk-up Apartments?
Walk-up apartments are any residential housing not serviced by an elevator.
This type of housing is most commonly found in older buildings, and walk-up apartments often have a more unique charm than newer developments.
One of the best things about walk-up apartments is that they offer residents a sense of community; neighbors often become friends, and there’s a sense of camaraderie among those living in walk-up buildings.
Top Five Reasons to Love Walk-up Apartments
There are plenty of reasons to love walk-up apartments, but here are our top five:
1. They Offer a Sense of Community
The sense of community is one of the best things about walk-up apartments. Neighbors often become friends, and there’s a sense of camaraderie among those living in a walk-up building.
2. They Are Unique
Unlike cookie-cutter developments found elsewhere, each walk-up has its unique personality, which cannot be replicated.
3. They Are Usually More Affordable
Walk-up apartments are often more affordable than other housing types because they lack the amenities (like elevators) that drive the price.
4. They Are Suitable for Your Health
Climbing stairs is great exercise, and living in a walk-up apartment means you’ll get plenty of it.
5. They Offer Incredible Views
Walk-up apartments often have incredible views because they are often located on higher floors. Nothing is better than waking up to a stunning view of the city daily.
How Can You Find Walk-up Apartments for Rent in Singapore’s Prime Locations?
There are many ways to find walk-up apartments in Singapore’s prime locations.
One way is to search online listings, which will often include photos and information about the rental unit.
You could contact a real estate agent or rental company specializing in finding walk-up apartments in Singapore.
Finally, finding walk-up apartments for rent may also be possible by visiting potential rental units in person and inquiring about availability.
Using one or more of these methods, finding a suitable walk-up apartment for rent in Singapore should be possible.
What is the Process of Renting a Walk-up Apartment in Singapore Like?
Renting a walk-up apartment in Singapore can vary depending on the landlord and the agent. However, some general steps are typically followed.
First, the interested party must submit an application, which the landlord or agent will review. If the applicant is approved, they will be asked to sign a lease agreement.
The lease agreement will outline the rental terms, including the lease’s length and the amount of rent that is due each month.
Once the lease is signed, the tenant will pay rent and maintain the property following the agreement. If all goes well, the tenant can enjoy their new home for the duration of the lease.
Are There Any Restrictions on Who Can Live in a Walk-up Apartment Complex in Singapore?
In Singapore, residents have various housing options, from high-rise apartments to landed properties.
They are a relatively affordable housing type and can be found in various locations around the city.
While there are no explicit restrictions on who can live in a walk-up apartment complex, these properties are typically only available to Singapore citizens and permanent residents.
It is because walk-up apartments are typically located in public housing estates developed and managed by the Housing & Development Board (HDB).
HDB flats are only available for certain people, such as Singapore citizens, permanent residents, and those with specific work passes.
In addition, there is usually a minimum income requirement for those who wish to purchase an HDB flat. As a result, walkup apartments in Singapore are generally not an option for foreign nationals living in Singapore.
How Much Do Walk-up Apartments Cost to Rent in Singapore Compared to Other Types of Housing Options Available?
In Singapore, a walk-up apartment typically costs $800 to $1,200 per month. It is slightly higher than the cost of renting a flat in an HDB block, which typically ranges from $500 to $850 per month.
However, renting a walk-up apartment is significantly lower than renting a private condominium, which can range from $1,500 to $3,500 per month.
Therefore, walk-up apartments are a more affordable housing option for tenants in Singapore.
When considering the cost of renting an apartment, it is crucial to consider the unit’s location, size, and condition.
Walk-up apartments are typically located in older buildings and may not have the same amenities as newer condominiums.
However, they can be a more affordable housing option for tenants willing to trade off these amenities for lower monthly rental costs.