Google search ‘Marine Parade condo for rent’, and you will get a list of condos that are popular among expatriates in Singapore. Trouble is, condos located in District 15 near East Coast Park don’t come cheap, with rents exceeding those of many suburban areas elsewhere.
That’s hardly surprising considering that the East Coast is one of the most popular areas to live in. And for good reason too: it’s close to East Coast Park and the area boasts some of the best waterfront condos with sea views in Singapore. Furthermore, most of the condos in the area were built between the 1980s and early 2000s, which means that they’re built big.
Related article: Just How Much Smaller Are New Condos and HDB Flats Getting?
In fact, according to realtors that we spoke to, seafront properties in the East Coast have become more popular among renters during the pandemic, as more opt for homes that are closer to nature.
According to PropertyGuru’s Singapore Property Market Report Q1 2022, the rental market has been booming despite the pandemic still being in full swing, with both rental prices and demand at a 3-year high, and rental supply at a 3-year low.
Related article: Renting in Singapore (2022): 3 Upcoming Trends for the HDB and Private Rental Market
Take heart, however. Although renting a condo in the East Coast area may be expensive, it doesn’t mean that you can’t find a unit on a budget.
Condo For Rent under $2,900 in East Coast Park
At this price point, this list consists mainly of studios, 1-bedroom units, and 2-bedroom units. If you have more wriggle room in your budget and are looking for more condo options to rent in the East Coast area, check out our listings on PropertyGuru.
Related article: 7 East Coast Park Condos under 2 million for Affordable Waterfront Living
Without further ado, here are seven condos you can rent for less than $2,900 per month in the East Coast area.
1. Suites @ Katong
|
Condo name |
Suites @ Katong |
|
Nearest MRT station |
Dakota (Circle Line) |
|
Size |
300 to 800 sq ft (1-bedroom) |
|
Latest rental transaction |
$1,900 (1-bedroom) |
Suites @ Katong is located about 10 minutes’ walk from Dakota MRT station and 16 minutes’ walk from Paya Lebar MRT station, near the famous Peranakan houses on Joo Chiat Road.
The development is located on Tanjong Katong Road, which is home to many popular eateries. Thanks to its location in the western part of East Coast, Geylang and the Kallang sporting district are not far away, and the CBD is likewise a quick MRT ride away.
Browse all Suites @ Katong units for rent on PropertyGuru.
2. Fulcrum
|
Condo name |
Fulcrum |
|
Nearest MRT station |
Mountbatten (Circle Line) |
|
Size |
400 to 800 sq ft (1-bedroom) |
|
Latest rental transaction |
$2,300 (1-bed) |
Fulcrum is situated on Fort Road about 12 minutes’ walk from Mountbatten MRT and just a stone’s throw from Kallang Wave Park, a great location for those who want to live at the confluence of the CBD and eastern Singapore.
The condo’s connectivity will get even better in 2024 when the Katong Park MRT station opens about 3 minutes’ walk away.
Related article: 7 Condos to Benefit from the Thomson-East Coast Line (TEL)
The property is located very near Bay East Gardens, and its proximity to the ECP and MCP makes it very easy to travel by road to the CBD in less than 15 minutes.
Browse all Fulcrum units for rent on PropertyGuru.
3. Siglap Court
|
Condo name |
Siglap Court |
|
Nearest MRT station |
Kembangan (East West Line) |
|
Size |
500 sq ft (1-bedroom) |
|
Latest rental transaction |
$1,700 (1-bedroom) |
Located on Siglap Road in the Marine Parade area, Siglap Court is located just a few minutes’ walk from East Coast Park, making it ideal for those who wish to enjoy easy access to the sea.
Nearest MRT station, Kembangan, is quite a distance away at about 28 minutes’ walk, but future MRT station, Siglap, will be just 6 minutes’ walk away when it opens in 2024. It is also close to F&B dining hotspots on East Coast Road, popular amongst both locals and expatriates.
Related article: Where to Stay Guide in Siglap, Joo Chiat, Katong (Foodie Edition): Five Oars Coffee Roasters, Penny University and More Cafes
Browse all Siglap Court units for rent on PropertyGuru.
4. Auralis
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Condo name |
Auralis |
|
Nearest MRT station |
Kembangan (East West Line) |
|
Size |
400 sq ft (1-bedroom), 700 to 1,000 sqft (2-bedroom), 1,000 to 1,600 sqft (3-bedroom) |
|
Latest rental transaction |
$2,900 (2-bedroom) |
Located about 17 minutes’ walk from Kembangan MRT station, Auralis is an attractive choice for those who intend to rent for the long-term, as the upcoming MRT station Marine Terrace will open nearby in 2024.
Located on East Coast Road, the property is in the thick of an area teeming with chic cafes and popular eateries, within easy walking distance of popular primary schools and secondary schools, such as St Patrick’s School, CHIJ Katong Convent, Tao Nan School and Victoria School. Residents can also walk to East Coast Park in about 15 minutes.
Browse all Auralis units for rent on PropertyGuru.
5. H Residences
|
Condo name |
H Residences |
|
Nearest MRT station |
Kembangan (East West Line) |
|
Size |
400 sq ft (1-bedroom), 400 to 800 sqft (2-bedroom), |
|
Latest rental transaction |
$1,850 (1-bed) |
H Residences is a small condo development at Lorong H Telok Kurau nestled in a quiet residential area, about 13 minutes’ walk from the closest MRT station Kembangan and about 15 minutes from Eunos MRT station.
It is located not far from the main thoroughfare Changi Road, which is home to numerous local eateries and offers quick access to Geylang Serai and the city centre.
Related article: Where to Stay Guide in Paya Lebar, Dakota (Happy Hour Edition): Tipsy Bird Gastrobar, The Tuckshop and More Bars
Browse all H Residences units for rent on PropertyGuru.
6. Mabelle
|
Condo name |
Mabelle |
|
Nearest MRT station |
Kembangan (East West Line) |
|
Size |
528 to 624 sq ft (1-bedroom/studio), 732 to 904 sqft (2-bedroom), 1,141 sqft (3-bedroom) |
|
Latest rental transaction |
$2,100 (1-bedroom/studio) |
Located at Lorong M Telok Kurau, Mabelle is about 19 minutes’ walk from the nearest MRT station, Kembangan. The small condo development, which consists of only 32 units on five floors, is located near popular East Coast Road eateries like Penny University and Beach Road Prawn Noodle House.
It is also a short walking distance from the Katong area, with its colourful Peranakan houses and shopping malls like i12 Katong, Roxy Square and Katong Shopping Centre.
Browse all Mabelle units for rent on PropertyGuru.
Cheap Condo for Rent in Singapore
After Singapore experienced its biggest drop in population since 1950 in 2020, the rental market recovered quickly and now shows no signs of abating.
The spike in demand can partly be attributed to HDB BTO construction delays and an increasing want for more personal space and independence, which have pushed some into the rental market in the interim.
Currently, Singapore rents are at a six-year high. As Singapore reopens its borders, an uptick in the number of foreigners working and living here is expected, which will in turn push up rents further.
Check out PropertyGuru’s Singapore Property Market Report Q1 2022 for more property and rental market insights.
More FAQs about Condos for Rent in Singapore
Where Can You Find Condos for Rent in Singapore?
PropertyGuru.com has one of Singapore’s largest databases of condos for rent.
What Is the Minimum Rental Period for Condos in Singapore?
Condos must be rented for a minimum period of 3 months.
Is It Better to Rent a Condo or HDB Flat?
Condos have a shorter minimum rental period of 3 months compared to 6 months for HDB flats, and often come with facilities like swimming pools and gyms. However, condo rents are usually higher.
For more property news, resources and useful content like this article, check out PropertyGuru’s guides section.
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This article was written by Joanne Poh. A former real estate lawyer, she writes about property and personal finance and spends her free time compulsively learning languages and roller skating in carparks.
