{"id":118341,"date":"2020-08-24T12:05:17","date_gmt":"2020-08-24T05:05:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-more-singaporeans-under-35-years-old-turn-to-flat-rentals-for-privacy\/"},"modified":"2020-08-24T13:02:48","modified_gmt":"2020-08-24T06:02:48","slug":"covid-19-more-singaporeans-under-35-years-old-turn-to-flat-rentals-for-privacy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-more-singaporeans-under-35-years-old-turn-to-flat-rentals-for-privacy\/","title":{"rendered":"COVID-19: More Singaporeans under 35 years old turn to flat rentals for privacy"},"content":{"rendered":"


\nMore young Singaporeans are renting a flat in their quest for more privacy and space.
\nWith the work-from-home arrangement becoming the norm amid the COVID-19 pandemic, more young Singaporeans are renting a flat in their quest for more privacy and space.
\nAmong the eight unmarried new tenants under 35 years old that TODAY spoke to was Hans (not his real name), a 32-year-old creative freelancer who mostly works\u00a0overseas and is seldom home for more than four months. He currently lives with his parents in their three-room condo apartment, but has recently rented a room of his own for $600 a month as he wanted more personal space.\u00a0
\nBefore the COVID-19 pandemic, his family would be out working in the day, leaving him with the space to live how he wanted. But when the circuit breaker measures kicked in on 7 April, his mother started working from home, whilst his father and sister also saw changes to their schedules. This led to an intrusion to his personal space. \u00a0\u00a0
\nNow Hans is into his sixth month of staying in his parents\u2019 three-bedroom condominium, and he felt that his \u201csense of self\u201d has eroded. Thus, he\u00a0was forced to work from 11pm to 7am when everyone is asleep to truly concentrate.
\nHowever, his preference for a night light within the living room had been a constant source of quarrel with his parents, who feel he was wasting electricity.
\n\u201cBeing overseas allowed me to define certain parameters of my life \u2013 what time I go to sleep, how I arrange my chores, my duties for the house. It sort of builds an own rhythm or timetable which works. Back home, I have to settle with somebody else\u2019s rhythm,\u201d he said as quoted by TODAY.
\nTherefore, he decided fork up $600 per month to rent his own room, even though he already has a room of his own and despite it being a strain to his finances.
\nSuggested read:\u00a07 Mistakes to Avoid When Renting a Home and What You Can Do
\nMeanwhile, a 34-year-old healthcare professional, who declined to be named, rented a studio apartment for $2,000 per month to avoid facing her parents, to whom she does not have a good relationship.
\nShe shares the cost of the apartment, located in the central part of Singapore, with her partner.
\nShe revealed that the partial lockdown triggered anxiety as it meant constant contact with her parents.
\n\u201cIn that period when you have to be home and home only, it brought me back to my teenage years when you have no choice (but to deal with them),\u201d she said as quoted by TODAY.
\nMelissa Tham, a 29-year-old lawyer, faced parental objection that \u201ca girl should only move out after she is married\u201d when she broached the topic of renting an apartment with her boyfriend on New Year\u2019s Day.
\nHowever, her parents softened their stance when it became apparent that couples not living together would not be allowed to meet during the circuit breaker period.
\nOnce living apart, she began taking control of her life by changing her job, adopting a hamster and getting horse-riding lessons.
\nAlthough she could have done such things while living with her parents, she noted that there was a \u201cpsychological\u201d barrier to what her parents would say.
\n\u201cWhen I realised that I could adopt a hamster without telling anyone, I felt very liberated, as silly as that sounds,\u201d she was quoted as saying.
\nProperty agent Susan Mariam said the recent months marked the first time in her 22-year career that young Singaporeans under 35 years old accounted for 30% to 40% of the rental deals she helped broker.
\nWith them, the 39-year old agent was able to seal over 10 rental deals in June, over 20 deals in July and eight rental deals in the first half of August.
\nWant to rent your own space? Find rooms for rent on PropertyGuru now.\u00a0
\nColin Tan, Director for Research Consultancy at SRE Global, believes that more will rent should rental prices decline.
\nThis comes as \u201cmillennials as a group have always looked to move out but have been deterred by the high rents,\u201d he said.
\nMeanwhile, ERA Realty Head of Research and Consultancy Nicholas Mak noted that while the idea of renting a flat as a single person is \u201cno longer unacceptable\u201d particularly for those who lived and studied overseas, the norm is still for children to stay with their parents until the arrival of their flats.
\nUltimately, it all \u201ccomes down to money\u201d, he said.
\n\u201cIf they were to lose their income in this period of economic uncertainty, it means that they will still have to go back to their parents. It would also mean breaking a lease,\u201d he added.\u00a0
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…COVID-19: More Singaporeans under 35 years old turn to flat rentals for privacy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

More young Singaporeans are renting a flat in their quest for more privacy and space....<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118341","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uMJ","jetpack-related-posts":[{"id":120563,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singaporeans-call-for-additional-subsidies-to-make-flats-in-prime-areas-more-affordable\/","url_meta":{"origin":118341,"position":0},"title":"Singaporeans call for additional subsidies to make flats in prime areas more affordable","date":"July 5, 2021","format":false,"excerpt":"\r Singaporeans call for additional subsidies to make flats in prime areas more affordableAccording to public\u00a0feedback gathered by the HDB and MND, most Singaporeans want the Government to provide additional subsidies for flats in prime locations.\u00a0 Most Singaporeans want the Government to provide additional subsidies for public housing built within\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/Chinatown-Area-Skyline.original.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainstreaming-hdb-rental-may-reshape-social-norms-weaken-communities\/","url_meta":{"origin":118341,"position":1},"title":"Mainstreaming HDB rental may reshape social norms, weaken communities","date":"November 3, 2021","format":false,"excerpt":"\r Current policies are geared towards enabling home ownership;\u00a0Senior Minister of State for National Development Sim Ann said extending\u00a0public housing rentals to the\u00a0wider populace\u00a0will not be embarked on \u201cwithout deep consideration\u201d. 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