Condo vs. HDB: Finding Your Ideal Home in Singapore

At a Glance

Cost Difference: Condos typically range from SGD 5,000 to 9,000+, while HDBs range from SGD 3,000 to 4,500+ per month.

Regulations: HDBs have a non-citizen quota (8%) and a minimum 6-month lease, whereas Condos allow leases starting from 3 months.

Occupancy: Until December 31, 2026, the occupancy limit for larger units has been temporarily increased to 8 people.

Finding a home is often the first major hurdle for those moving to Singapore. I remember losing sleep when I first arrived, overwhelmed by a housing system so different from back home and rental prices that seemed sky-high. For families with children, the checklist is even longer—from school proximity to whether the complex has a swimming pool.

While the Singapore rental market is showing signs of stabilizing after the 2022–2023 surge, prices remain significant. Based on 2026 data and regulations, here is a detailed comparison between the two main housing options: Private Condominiums (Condos) and Public Housing (HDB).

Condo vs. HDB: Key Comparison Points

Your choice will depend on your budget and priorities. Do you value premium facilities, or would you prefer to live like a local and save on costs? Check the table below for the main differences.

Category	Private Condominium (Condo)	Public Housing (HDB)
Facilities	Pool, Gym, BBQ pits, 24h Security	None (Uses nearby public parks)
Monthly Rent (3-BR)	SGD 5,000 ~ 9,000	SGD 3,000 ~ 4,500
Min. Lease Term	3 Months	6 Months
Foreigner Quota	No Limit	8% per neighborhood, 11% per block
Privacy	High (Gated with security)	Moderate (Often corridor-style layouts)

As you can see, the price gap is substantial. Condos offer the luxury of free access to on-site pools and gyms, much like high-end branded apartments. On the other hand, while HDBs lack these facilities, they are usually surrounded by affordable local eateries (hawker centers) and supermarkets, making them ideal for managing daily living expenses.

Essential HDB Rental Rules for Foreigners

Renting an entire HDB flat as a foreigner involves stricter regulations than renting a condo. Failing to follow these could lead to legal issues or even forced eviction.

Non-Citizen Quota: For non-Malaysian foreigners renting an entire flat, the ratio cannot exceed 8% in the neighborhood or 11% in the block. Even if you love the unit, you cannot sign the lease if the quota is full. Always ask your agent to check this first.
Occupancy Limits (Temporary Relaxation): Previously, the limit for 4-room or larger HDB flats was 6 people. However, until December 31, 2026, this has been temporarily increased to 8 people—great news for large families or those sharing with roommates.
Owner's MOP: HDB owners must complete a 5-year Minimum Occupation Period (MOP) before they can rent out the entire flat. Renting a unit that hasn't met this requirement is illegal.

Practical Costs and Tips for Condo Living

Condos are the most popular choice for expats due to the flexible 3-month minimum lease and lack of government approval hurdles. However, be aware of hidden costs beyond the monthly rent.

Maintenance Fees (MCST): These are usually covered by the landlord, but ensure your contract explicitly states that the landlord pays for both maintenance fees and property tax.
Air-con Servicing: In Singapore, tenants are typically required to have the air conditioning units serviced every three months. This costs roughly SGD 80–150 per quarter. Keep your receipts, as you'll need them to get your full security deposit back.
Minor Repair Clause: Most contracts include a clause where the tenant pays for minor repairs up to a certain amount (usually SGD 150–200 per item). The landlord only covers repairs exceeding this amount.

For 2025–2026, the rental market is expected to see a moderate growth of 2%–4% due to an increase in new condo supply. It is no longer a "landlord's market" where they can dictate any price, so it is a good time to negotiate.

Pro-Tips from a Singapore Resident

Before you sign that tenancy agreement, keep these tips in mind to avoid potential losses:

Diplomatic Clause is a Must: For 2-year leases, ensure there is a clause allowing you to terminate the contract after 12 months with a 2-month notice in case of an unexpected job transfer or relocation.
Pay Your Stamp Duty: You must pay stamp duty on the IRAS website within 14 days of signing. It usually costs about 0.4% of the total rent. This receipt is your primary legal protection in case of disputes.
Inventory List and Photos: On move-in day, take photos and videos of every tiny scratch or dent. Singapore landlords can be quite strict about the condition of the flat upon move-out, and deposit disputes are common.
Preferred Neighborhoods: Tanjong Pagar is great for singles or couples. For families, Bukit Timah (near the Korean International School) or Novena are highly recommended.

Starting a new chapter in Singapore is much easier once your housing is settled. I hope this guide helps you find the perfect home for your Singapore life!